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Modi creating Hindu nationalist state in India: Billionaire George Soros

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Prime Minister Narendra Modi is "creating a Hindu nationalist state" in India, said US financier and philanthropist George Soros on Thursday in a speech attacking "would-be and actual dictators" in the world. Soros, who was speaking at the World Economic Forum in Davos, said nationalism was making further headway around the world, and the "biggest and most frightening setback" was in India. Soros criticised rising populism internationally and picked out US president Donald Trump, China’s Xi Jinping, Modi and Brexit. He described Trump as a "conman and the ultimate narcissist" but said the current surge in economic strength for the United States may have come too soon for the US leader as he faces re-election later this year. "Trump... has managed to overheat an already buoyant economy. An overheated economy can't be kept at the boiling point for too long," warned Soros, credited with correctly predicting major market s...