George Soros Quotes
If the bubbles contain a misconception, as they always do, then it can't be maintained forever.
Soros, George. The Crisis of Global Capitalism: Open Society Endangered. PublicAffairs, 1998.
This quotation has historical value, not only because he saw the weaknesses that President Wilson, a brilliant political scholar, and the Secretary of State and many intellectuals missed, but also because it illustrates something about politics at the time. Roosevelt and other leading politicians thought nothing of publicly disagreeing with a former or even current President of his own party about an issue of policy. The notion of party loyalty to the President requiring public support of all policies evolved only in the last half of the 20th century.
George Soros, HonFBA is a Hungarian-born American billionaire investor and philanthropist. As of March 2021, he had a net worth of US$8.6 billion, having donated more than $32 billion to the Open Society Foundations, of which $15 billion have already been distributed, representing 64% of his original fortune, making him the "most generous giver" (in terms of percentage of net worth) according to Forbes.