This crisis has the potential to be a lot worse than Lehman Brothers. — George Soros Copy Share Image
The global crisis is caused by pathologies inherent in the global financial system itself. — George Soros Copy Share Image
Of course, speculation will always make a crisis worse. If there is a weak point, it will expose it. — George Soros Copy Share Image
Everything adds up to a major crisis. Humanity is faced with a global energy crisis ... The core of the crisis lies… — George Soros Copy Share Image
Throughout the 19th century, when there was a laissez-faire mentality and insufficient regulation, you had one crisis after another. Each crisis brought… — George Soros Copy Share Image
There is a well-established conviction that the central banks always do what is necessary to keep the system going and then afterwards… — George Soros Copy Share Image
China could easily emerge as the great winner if the Chinese leaders handle the situation well. On the other hand, they could… — George Soros Copy Share Image
These public-private partnerships are very, very dangerous. The most rotten part of the financial system in the US consisted of the government… — 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
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 Image
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 Image
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 Image
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 Image
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 Image
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 Image
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 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
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 Image
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 Image
“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 Image