The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means

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PublicAffairs, May 6, 2008 - Business & Economics - 192 pages
15 Reviews
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.

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LibraryThing Review

User Review  - HadriantheBlind - LibraryThing

Interesting thoughts about the recent economic situation. Some odd dabblings with philosophy mixed in, but the rest of the book is good stuff. Read full review

LibraryThing Review

User Review  - solla - LibraryThing

In an attempt to understand just what happened in the economy. To that end I added two books, one was by George Soros The Crash of 2008 and what it means which I happened to see at the library and ... Read full review


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About the author (2008)

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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