The Main Difference Between Me And Other

Economic History Is A Never-ending Series Of Episodes Based On Falsehoods And Lies, Not Truths. It Represents The Path To Big Money. The Object Is To Recognize The Trend Whose Premise Is False, Ride That Trend And Step Off Before It Is Discredited.

The Key Problem Is The Debt Restructuring In The Euro Zone. As Long As The Debt Burden Is Not Reduced, There Is No Chance Of The Weaker Eu Countries Regaining Competitiveness.

We [at Soros Fund Management] Use Options And More Exotic Derivatives Sparingly. We Try To Catch New Trends Early And In Later Stages We Try To Catch Trend Reversals. Therefore, We Tend To Stabilize Rather Than Destabilize The Market. We Are Not Doing This As A Public Service. It Is Our Style Of Making Money.

America Felt Victorious And Generous After World War Ii. They Had Also Learned From The Mistakes After World War I When They Imposed Punishment On Germany. What Became Of Germany? A Nazi Dictatorship Which Threatened The World. Today's Germany Doesn't Feel As Prosperous And Generous As America Then. But Actually, Germany Still Is Very Prosperous.

There Is Always A Divergence Between Our Perception And What Actually Exists.