The bureaucratic method of building an integrated Europe has exhausted its potential. — George Soros Copy Share Image
What works for Germany can't work for the rest of Europe: No country can run a chronic surplus without others running deficits. — George Soros Copy Share Image
I admire Chancellor Merkel for her leadership qualities, but she is leading Europe in the wrong direction. — George Soros Copy Share Image
The lower interest rates fueled housing and consumption booms in countries such as Spain and Ireland. At the same time, Germany, struggling… — George Soros Copy Share Image
There is a resurgence of anti-Semitism in Europe. The policies of the Bush administration and the Sharon administration contribute to that. It's… — George Soros Copy Share Image
The more comprehensive and convincing a debt reduction program is, the less likely it is to fail. And remember, just as Germany… — George Soros Copy Share Image
The eurozone status quo is neither tolerable nor stable. Mainstream economists would call it an inferior equilibrium; I call it a nightmare… — George Soros Copy Share Image
The integration of Europe was very much led by a Germany that was always willing to pay a little bit extra to… — George Soros Copy Share Image
The key problem is the debt restructuring in the euro zone. As long as the debt burden is not reduced, there is… — George Soros Copy Share Image
Germans tend to forget now that the euro was largely a Franco-German creation. No country has benefited more from the euro than… — George Soros Copy Share Image
Germany will always do the minimum to preserve the euro. Doing the minimum, though, will perpetuate the situation where the debtor countries… — George Soros Copy Share Image
In 2012, the far-right Golden Dawn won 21 seats in Greece's parliamentary election, the right-wing Jobbik gained ground in my native Hungary,… — George Soros Copy Share Image
There is no question that a breakup of the euro would be very damaging, very costly, both financially and politically. And the… — George Soros Copy Share Image
Merkel has realized that the euro is not working, but she cannot change the narrative she has created because that narrative has caught the… — George Soros Copy Share
At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But… — George Soros Copy Share
Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention and I wouldn't… — George Soros Copy Share
We must not forget; but we must forgive. Suffering often such compassion from the Jewish community. It was Jewish groups in the US who… — George Soros Copy Share
I very often used to get backaches due to the fact that I was wrong. Whenever you are wrong you have to fight or… — George Soros Copy Share
We are the most powerful nation on earth. No external power, no terrorist organization can defeat us. But we can defeat ourselves by getting… — George Soros Copy Share
Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected. — George Soros Copy Share
What works for Germany can't work for the rest of Europe: No country can run a chronic surplus without others running deficits. — George Soros Copy Share
If truth be known, I carried some rather potent messianic fantasies with me from childhood which I felt I had to control, otherwise I… — George Soros Copy Share
We [at Soros Fund Management] use options and more exotic derivatives sparingly. We try to catch new trends early and in later stages we… — George Soros Copy Share
“On the abstract level, I have turned the belief in my own fallibility into the cornerstone of an elaborate philosophy. On a personal level,… — George Soros Copy Share
The main difference between me and other people who have amassed this kind of money is that I am primarily interested in ideas, and… — George Soros Copy Share
By creating the European Central Bank, the member states exposed their own government bonds to the risk of default. Developed countries that issue bonds… — George Soros Copy Share
Every bubble has two components: something - some real trend, and a misconception about that trend. — George Soros Copy Share
