The New Paradigm for Financial Markets

The New Paradigm for Financial Markets Cover

The New Paradigm for Financial Markets

The Credit Crisis of 2008 and What It Means

By George Soros

PublicAffairs, Hardcover, 9781586486839, 208pp.

Publication Date: May 5, 2008

Description

In the midst of the most serious financial upheaval since the Great Depression, legendary financier George Soros explores the origins of the crisis and its implications for the future. Soros, whose breadth of experience in financial markets is unrivaled, places the current crisis in the context of decades of study of how individuals and institutions handle the boom and bust cycles that now dominate global economic activity. “This is the worst financial crisis since the 1930s,” writes Soros in characterizing the scale of financial distress spreading across Wall Street and other financial centers around the world. In a concise essay that combines practical insight with philosophical depth, Soros makes an invaluable contribution to our understanding of the great credit crisis and its implications for our nation and the world.



About the Author
George Soros is chairman of Soros Fund Management and is the founder of a global network of foundations dedicated to supporting open societies. He is the author of several best-selling books including "The Bubble of American Supremacy," "Underwriting Democracy," and "The Age of Fallibility." He was born in Budapest and lives in New York City.

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