In the midst of the most serious financial upheaval since the Great
Depression, legendary financier George Soros explores the origins
of the crisis and its implications for the future. Soros, whose
breadth of experience in financial markets is unrivaled, places the
current crisis in the context of decades of study of how
individuals and institutions handle the boom and bust cycles that
now dominate global economic activity. "This is the worst financial
crisis since the 1930s," writes Soros in characterizing the scale
of financial distress spreading across Wall Street and other
financial centers around the world. In a concise essay that
combines practical insight with philosophical depth, Soros makes an
invaluable contribution to our understanding of the great credit
crisis and its implications for our nation and the world.
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