Financial Turmoil in Europe and the United States: Essays

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PublicAffairs, Jan 24, 2012 - Business & Economics - 208 pages
The dire economic situation we find ourselves in is not a result of economic forces alone, but of the policies pursued, and not pursued, by world leaders. In this collection of his recent writings on the global financial situation, George Soros presents his views and analysis of key economic policy choices leading up to, during, and following the financial crisis of 2008-2009.Soros explores domestic and international policy choices like how to manage the (then) potential implosion of Fannie Mae & Freddie Mac, deploying measures to stem global contagion from the sub-prime crisis, alternative options on bailing out lesser developed countries and why this was vital, the structural problems of European economic management, and more.

Financial Turmoil in Europe and the United States elegantly distills the choices at hand, and takes the reader on a journey of real time economic policy work and experimentation.


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User Review  - Miro - LibraryThing

This excellent book is a collection of newspaper and magazine articles written by George Soros between 2008 and 2011. He covers the stock market crash of 2008, financial reform, the worldwide credit ... Read full review


User Review  - Kirkus

The European economy seems to be sliding from bad to worse, and with it the planet's markets. Soros (The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means, 2008, etc ... Read full review


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About the author (2012)

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 Crash of 2008: The New Paradigm for Financial Markets; The Crisis of Global Capitalism, 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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