(Source: NPR)
![](https://www.onpointradio.org/content/2008/07/08/080709soros140.jpg)
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.