George Soros

George Soros

If every rich person gave 50 percent of their wealth to charity, I would not say they should pay more taxes.More George Soros quotes [03/29/2018 05:03:36]
The securitisation of mortgages added a new dimension of systemic risk. Financial engineers claimed they were reducing risks through geographic diversification: in fact they were increasing them by creating an agency problem. The agents were more interested in maximising fee income than in protecting the interests of bondholders. That is the verity that was ignored by regulators and market participants alike.More George Soros quotes [03/29/2018 05:03:36]
If the bubbles contain a misconception, as they always do, then it can't be maintained forever.More George Soros quotes [03/29/2018 05:03:36]
China could easily emerge as the great winner if the Chinese leaders handle the situation well. On the other hand, they could also turn out to be the biggest losers if they handle it poorly. If the management turns out be wrong, this could lead to a political crisis in China.More George Soros quotes [03/29/2018 05:03:36]
Money values do not simply mirror the state of affairs in the real world; valuation is a positive act that makes an impact on the course of events. Monetary and real phenomena are connected in a reflexive fashion; that is, they influence each other mutually. The reflexive relationship manifests itself most clearly in the use and abuse of credit.More George Soros quotes [03/29/2018 05:03:36]

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