SOROS: The refugee crisis 'has no simple solution'

The refugee crisis is at the top of George Soros' agenda.
At the 2016 Concordia Summit on Tuesday, the billionaire investor discussed his new plan to invest $500 million to address the needs of migrants and refugees.
And he also addressed the crisis' relationship with the larger political problems brewing in Europe.
"Let me make a crucial point: The refugee crisis is a complex problem. And it has no simple solution," Soros argued.
He continued:
"Anti-European, xenophobic poli