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Ken Griffin warns Paris riots show dangers of socialism for young Americans.

Market News
23 Oct 2026
Fox Business
View Source
Bearish
Ken Griffin warns Paris riots show dangers of socialism for young Americans.

Citadel CEO Ken Griffin warned that the recent riots in Paris highlight the negative outcomes of socialist policies, using France as an example of where heavy government spending and socialism can lead to social unrest. He compared the situation in Paris to Chicago's crime and tax issues, which influenced his decision to move Citadel's headquarters to Miami. Griffin cautioned young Americans to see these events as a warning against adopting similar policies in the U.S., emphasizing concerns about loss of property rights and personal freedoms under socialism.

Ken Griffin's warning on Paris riots offers context for readers. For those tracking Financials-sector US stocks on Pluang, as of Oct 24, 2026 05:11 WIB, 38 of 142 stocks rose while 103 fell. Notable movers include HUT at USD 61.35 with a -4.10% change and 69% sell orders, CRBG at USD 34.17 down 3.99%, and PGR at USD 230.18 up 3.99% with 93% sell orders.

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