George Soros has developed theories of human behaviour and financial markets, and has boldly applied them in practice.
Billionaire investor, philanthropist, and political player George Soros made his fortune riding the winds of high finance.
Now, he says, the global economy is blowing out of a tremendous bubble. Not a normal bubble, but a “superbubble” that’s coming apart in a superbust.
Soros was there for the dawn of the hedge fund and the high-leverage finance that’s now coming back to bite — in housing and oil and debt and a credit crunch. We’re in for financial destruction and a breakdown of world order, he says. Oh, great.
This hour, On Point: As the economy shakes, a conversation with George Soros.