George Soros believes regulators “will always be wrong.” But, he does not feel that gives them an excuse to fall asleep at the wheel. In this video conversation with the Wall Street Journal’s Alan Murray, Soros makes the case for regulatory reform, citing the need to expand beyond targeting money supply because “markets have moods.”
 
The [...]

George Soros does not see what the alternative to the dollar is right now.  Yes, the Chinese are making noises about moving away from the dollar.  But, this is a long-term strategy.  Over the short-term, the Chinese still have trillions of dollar assets. What alternatives to the dollar are there?
Video below.

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I just spotted an interview in L’Express with George Soros while he is in France plugging his book on the credit crisis. His overall point is that markets are not efficient. They tend to excess. Present regulatory controls and banking standards are inadequate to deal with this. Therefore, we must change regulation to [...]

George Soros recently released an interesting book called “The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means.” The book critiques the new ‘efficient markets’ paradigm that has come to both control the financial marketplace and take a predominant place in economics departments at schools of higher learning. It [...]

George Soros claims that we are experiencing the most wrenching times in our financial system since the Great Depression. One has to be either appreciative of his advice or envious of his wealth. He made $3 billion in 2007 as a hedge fund manager while the debacle unfolded.
“We are in the midst of [...]