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Posts Tagged ‘George Soros’

Bill Moyers interviews Soros. In this illuminating chat, Soros talks about the state of the financial system, and the prevailing belief of “Market Fundamentalism” which is: markets correct themselves. He disagrees with this and encourages more market regulation otherwise markets left on their own are prone to bubbles and crashes.

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Prominent hedgefund manager Soros shares his view on the prevailing financial turmoil.

A believer in market regulation, Soros thinks the crisis can abate if and only if governments come up with a better plan to neutralize the excesses in the financial system. Contrast his views with the laissez faire advocates such as Greenspan.

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