DAVOS, Switzerland — George Soros, the billionaire businessman-turned-philanthropist, says he believes President Donald Trump wants to create a "mafia state" in the U.S. — but can't because of the strength of the country's underlying institutions.
He didn't elaborate on what he meant.
At a dinner he hosted on the sidelines of the World Economic Forum in Davos, Switzerland, Soros also predicted that Trump would be a "temporary phenomenon" and would lose in the 2020 election if he got that far.
Soros has been a consistent critic of Trump who is also in Davos, the first U.S. president to attend since Bill Clinton in 2000. Trump is due to address delegates Friday.
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