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A conversation with George Soros

(Source: NPR)
 
 
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.

 

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