As we will soon see, Soros played a non-trivial role in the collapse of the Soviet Union. In the 1960s and 1970s, he developed a financial theory called reflexivity. He went onto applying it to be one of the most successful hedge fund managers ever, if not hte most successful.

What is reflexivity? Traditional economics assume that price is a reflection of market facts. That everything settles to its usual price. Soros assumed the opposite: Prices are always wrong, but not only that, but and prices reshape facts.

To understand reflexivity, think of a startup company. A startup may initially have nothing than hype. Investors throw millions at it anyway. Then the startup starts hiring coders, marketers, etc. Now the hype is real! The product is real!

Investors throw more money at the startup ... and the startup keeps making more products. Until it all crashes. As my husband put it, reflexivity assumes "everything is a Ponzi scheme." To Soros, everything -- stocks, history, currencies -- lies on some point in that cycle.

Soros' fund grew 300-fund in a short time just by going all-in in these assumptions. A big part of why his methodology hasn't been reproduced is because he was independent. He made big, all-in moves repeatedly. Your average trader at an institutional company is beholden to a

Now, before I go into the details of how he applied this to hasten the Soviet Union fall (and how his people are trying the same thing here in the United States) ... I need to backtrack and explain WHY he hated Communism.

Most Americans imagine left-wing politics as a straight line: starting with Democrats, then moving further left to Marxism, and further still to Leninism. This view wrongly equates leftism with non-pluralism.

Everything George Soros did was to bring the world under one "Open Society" umbrella. Popper envisioned a Pantheon of "open societies" -- where individual countries co-exist with each other and nobody has a monopoly on truth. People have told me - no, Soros twisted Karl Popper,

How Popper's "Open Society" became twisted to the current state of globalism is the exact same process by which Marx's ideal of a classless society becomes totalitarian in practice. Every single one of Lenin's infamous 21 Conditions which created the tyranny of Communist states

Marx believed his historical materialism, that mankind ultimately progresses through stages to a classless utopia, was an immutable scientific law. Any deviation from this was denying science. And the logical institutional end of purity, it turns out, is the one-party

It's also worth noticing that Ayn Rand also based her theories on immutable scientific laws. "All the disasters that have wrecked your world, came from your leaders' attempt to evade the fact that A is A. All the secret evil you dread to face within you and all the pain you

Karl Popper took the opposite view: nobody knew the truth. He divided into "open societies" and "closed societies."

As Popper wrote, "A closed society binds the individual into the tribe, demanding conformity and obedience; an open society releases him to act and decide for himself." It sounds good, until you realize that sows the seeds of anti-faith, anti-tradition, and anti-patriotism.

Popper's idea of avoiding tyrannical states such as the Soviet Union was to have open societies participate in what he called "piecemeal engineering" -- gradual, reversible, evolving decisions. Note that this implicitly excludes closed societies.

If an open society is inherently exclusionary of closed societies, then that implies it is inherently exclusionary of ideas which bring on closed societies. This is the "hidden clause" within Popper. It has credentialism built into it.

Soros' goal: transform the whole world into a coalition of Open Societies. "I realized that I cared passionately about the concept of an open society in which people like me could enjoy freedom without being hounded to death."

The epistemological foundation of Soros’s “Open Society” is institutionalized pluralism, the belief that no single truth or authority is legitimate, and that society must be organized around the permanent negotiation of competing views. But pluralism, when carried to its

What begins as a rejection of dogma extends outward to undermine inherited ties of every sort: nation, church, tradition, and even family. The end state of pure pluralism is a society in which every bond must be continuously renegotiated, and nothing is taken as given.

So, Soros' extreme left-wing tyranny of globalism is the institutional outcome of Popper, just as Leninist one-party states were the institutional outcome of Marx. Even though Popper and Communism were opposing ideologies!

Reflexivity is all about finding and squeezing contradictions. The Soviet Union demanded total purity, and total adherence to its views. To carry that out, it required a total monopoly over the media. That in itself created a "contradiction" waiting to be exploited: people

(Family time, be back to wrap up this thread later.)

Under Reagan, the United States engaged in a global proxy war against the Soviet Union. The biggest success was perhaps SDI -- which had the psychological effort of turning warfare into a high-tech arms race, where the US had a wide advantage and USSR was handicapped by COCOM

But the USA engaged in proxy war from the outside the Iron Curtain. It had limited ability to engage in operations from inside. Even Radio Free Europe/Radio Liberty was frequently jammed. Soros engaged in proxy war from *within.* He was not bound by any country or treaty and

To manipulate reflexivity Soros-style, is to find a contradiction and apply pressure to it until it bursts. In markets, Soros would identify a currency or asset that was overvalued because traders believed in its strength. He would build a massive short position, betting on its

Soros' reflexivity squeeze in Hungary was importing nearly a thousand Xerox machines into libraries and universities. Now, people could copy and distribute ideas. Then, he financed tons of tiny grants to encourage people to circulate ideas. This seems small -- but the impact

In fact the Hungarian Ministry of Culture complained Soros had a greater impact than they did!

If that sounds strange to you... consider that @elonmusk repeated the exact same move recently. He "squeezed" the contradiction that globalism, although based on liberal pluralistic foundations, is not actually pluralistic or liberal... by buying Twitter and allowing free

@elonmusk Soros would go onto having a big role in the "shock therapy" of Poland by bringing in Jeffrey Sachs. When financial pressures hit the USSR from a perfect storm of military commitments, oil price crashes, and being extremely reliant on food imports -- Gorbachev started the

@elonmusk Soros offered a partnership, and the USSR seized on that, partially because of his Hungarian philanthropy and perhaps imagining that he would be a bridge to Western relations. USSR codified the "Cultural Initiative" and gave it sweeping powers, including freedom from taxes and

@elonmusk The result was Soros wasted no time setting up foundation offices in all the satellite states and countries, and repeating the exact same moves he did in Hungary. It was not long until Communist legitimacy began to be eroded. It culminated in a coup by USSR hard-liners which

@DataRepublican George Soros happiest time of his life was working for the nazis, stealing from Jews being sent to concentration camps. https://www.bing.com/videos/se...

@billysandytodd Yes. I do wonder if he actually took pleasure out of working against the Jewish because I cannot imagine a more antithetical worldview to his extreme ideals than Judaism. He's certainly continued to pour money into Hamas.

@DataRepublican At 14, Soros worked for Hitler. After I last shared this, police forced me to psyche hospital. https://x.com/MrsDrLinda/statu...

@MrsDrLinda . @grlofmstry had an interesting theory: https://x.com/grlofmstry/statu...