George Soros argues that democracy "is now in crisis" and that Donald Trump's election and anti-European Union sentiment will help to empower dictators around the globe.
Soros wrote that the U.S. will struggle to "protect and promote democracy" globally after the election of Trump, whom he called a "con artist and would-be dictator." But he expressed confidence that the American democracy would hold strong.
He wrote:
I am confident that democracy will prove resilient in the US. Its Constitution and institutions, including the fourth estate, are strong enough to resist the excesses of the executive branch, thus preventing a would-be dictator from becoming an actual one.
Soros also said that he is "particularly worried about the fate of the EU" amid sagging economic growth and an ongoing refugee crisis. He argued that Putin will attempt to extend his influence in the region as well.
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