George Soros
George Soros
George Sorosis a Hungarian-American business magnate, investor, philanthropist, political activist and author who is of Hungarian-Jewish ancestry and holds dual citizenship. He is chairman of Soros Fund Management. He is known as "The Man Who Broke the Bank of England" because of his short sale of US$10 billion worth of pounds, making him a profit of $1 billion during the 1992 Black Wednesday UK currency crisis. Soros is one of the 30 richest people in the world...
NationalityHungarian
ProfessionEntrepreneur
Date of Birth12 August 1930
CityBudapest, Hungary
challenge the very concept of the 'war on terror.'
I don't think you will see the Fed jumping to interest rates,
Clinton has a concrete goal of getting China into the WTO, his near-term agenda is to get China in.
The market today is dominated by much younger people who have not experienced a bear market.
As the housing boom cools off, there will be a shortfall in demand (which will) affect the global economy.
This reorganization took place in the full glare of publicity and involved the departure of a large number of employees. Inevitably this gave rise to rumors ... but in fact everything went according to plan,
We have come to realize that a large hedge fund like Quantum Fund is no longer the best way to manage money, ... Markets have become extremely unstable and historical measures of value at risk no longer apply.
Up to those amounts the countries concerned would be able to access international capital markets at prime rates. Beyond these, the creditors would have to beware.
This would enable the authority to set a ceiling on the amounts it is willing to insure,
This segment has considerable momentum and people are not ready to jump ship as long as prices are rising,
You have the potential of a breakdown of the entire system if you have a slowdown of economic activity in the center even as inflationary pressures mount, ... We're on the edge of it, yes.
Increasingly, the Chinese will own a lot more of the world because they will be converting their dollar reserves and U.S. government bonds into real assets.
Throughout the 19th century, when there was a laissez-faire mentality and insufficient regulation, you had one crisis after another. Each crisis brought about some reform. That is how central banking developed.
I see tremendous imbalance in the world. A very uneven playing field, which has gotten tilted very badly. I consider it unstable. At the same time, I don't exactly see what is going to reverse it.