George Soros: Donald Trump is 'would-be dictator'

Donald Trump is a “would-be dictator” who is “going to fail”, the billionaire investor George Soros has told the Davos world economic forum.

On the eve of Trump’s inauguration as president, Soros delivered a scathing assessment, saying the “impostor and con-man” was “gearing up for a trade war” which would have “a very far-reaching effect in Europe and other parts of the world”.

The “would-be-dictator … didn’t expect to win, he was surprised. I personally have confidence that he’s going to fail … because his ideas that guide him are inherently self-contradictory,” the Guardian cited Soros as saying.

Soros said he expected financial markets to “not do very well” because of the uncertainty generated by the Trump administration.