There's been no shortage of commentary from market heavyweights this week thanks to the World Economic Forum in Davos, but for anyone who hasn't yet gotten their fill of billionaire talking heads, George Soros gave a sweeping interview to Bloomberg TV on Thursday, touching on everything from China to Fed policy to Vladimir Putin to Europe's worsening refugee crisis.

As for China, Soros says he "expects a hard landing," a contention we won't argue with considering said hard landing probably arrived a year ago. "A hard landing is practically unavoidable," he said. "I'm not expecting it, I'm observing it. China can manage it. It has resources and greater latitude in policies, with $3 trillion in reserves." $3 trillion in reserves which, we might add, are rapidly evaporating.