| The Crash of 2008 and What it Means: The New Paradigm for Financial Markets |
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 The Crash of 2008 and What it Means: The New Paradigm for Financial MarketsThis item ships for FREE with Super Saver Shipping. Binding: PaperbackDewey Decimal Number: 332 EAN: 9781586486990 Edition: Reprint ISBN: 1586486993 Label: PublicAffairs Manufacturer: PublicAffairs Number Of Items: 1 Number Of Pages: 208 Publication Date: March 30, 2009 Publisher: PublicAffairs Release Date: March 30, 2009 Studio: PublicAffairs Related Items:
Browse for similar items by category: Click to Display Editorial Review: Product Description: In the midst of one of the most serious financial upheavals since the Great Depression, George Soros, the legendary financier and philanthropist, writes about the origins of the crisis and proposes a set of policies that should be adopted to confront it. Soros, whose breadth of experience in financial markets is unrivaled, places the crisis in the context of his decades of study of how individuals and institutions handle the boom and bust cycles that now dominate global economic activity. 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. Average Rating:  Rating:  - Worth the readEnough has been said --in the preceding reviews-- about Soros' theory of Reflexivity and how this plays a major role in his boom-bust analysis that, in his view, marks the end of international US credit expansion with the greenback as the reserve currency. Though redundant, his explanation of the theory itself is worth the read, but can be hard to follow as he warns at start. Perhaps he understood this and was obliged to repeat it throughout the book to drive it in -his entire premise is built on ... Read More Rating:  - A waste of time for any serious investor.As with any finance or investment book I read, I can't wait to savior any new thoughts or ideas the author might share. Since this was the first Soros book I read, I had high expectations. Unfortunately, I was quickly disappointed. Soros immediate argument is: the US and other countries are suffering another bust and this is caused by old economic ideas. Therefore, we should try new ideas that have not been tried before. His idea is the Theory of Reflexivity. I patiently read anxiously ... Read More Rating: - Worthwhile the reading regardless of the merits of Soros' paradigmThis is a short and very insightful book regarding the ongoing financial crisis, but be aware that, as the title suggests, Soros' main purpose for rushing publication (April 2008 still in the midst of this crisis) was to put forward and test the validity and importance of the theory of reflexivity, a new framework or paradigm he is proposing for financial markets and social sciences in general. Part One of the book deals almost exclusively with the concepts and details of the refined version of his paradigm, ... Read More Rating:  - Attractive title from a famous speculator, but really disappointing.George Soros obviously is a great speculator. As a consquence, I was expecting something related to speculation, bubbles, prices going high and low, etc. Instead he tries to creat a new economic theory and my impression is that he lacks the appropriate credentials to be taken very seriously as an economist. If you are trying to get insight of the credit crisis look somewhere else. Rating:  - Okay, But Not GreatSoros really, really wants to be taken seriously as a philosopher so he spends much too much time explaining and justifying his views on Reflexivity. The next problem is that his thinking is so completely guided by his liberal political views that his only conclusion is that the U.S. is going to fall into a giant abyss and the rest of the world will take over while we whither away. So based on that you should put your money in gold, any currency other than the U.S. dollar, and stocks of other countries. He ... Read More |
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