George Soros Quotes

Economic and financial crisis are getting much more usual, and they are not confined to a given country but they immediately spread all over the world, and you have to be prepared for that.

There is definitely going to be another financial crisis around the corner because we haven’t solved any of the things that caused the previous crisis.

The financial system in its current condition poses an existential threat to Western democracy far exceeding any terrorist threat.

The monetary policies of the US will destroy the world.

Capitalism is in crisis.

Never before in modern times has so much of the world been simultaneously hit by a confluence of economic and financial turmoil such as we are now living through.

Since our economy is closely allied with that of foreign countries, not one of us can be indifferent to what consequences these disturbances can have at home and abroad.

I think the IMF helped to detonate the Indonesian crisis.

In 2009, at the height of the global economic crisis, it was clear that we were seeing something new: the impacts of the crisis were flowing across borders at unprecedented velocity.

Although this crisis in some ways started in the United States, it is a global crisis. We bear a substantial share of the responsibility for what has happened, but factors that made the crisis so acute and so difficult to contain lie in a broader set of global forces that built up in the years before the start of our current troubles.

We are at crisis point. I think anybody that sees this nation as being on stable economic or fiscal ground is fooling themselves.

In this age, if the currency of a major nation collapses, or its access to borrowing ends, it just can't function.

And each of these perspectives comes to the same conclusion, which is that our global economy is out of control and performing contrary to basic principles of market economics.

Imperceptibly, the developed world's manufacturing base was gradually eroding and being replaced by securitized finance that destroyed itself and nearly its economies in 2008.

The upward economic movement in America has undoubtedly reached its end – the crisis has come.

The United States economy is like a poker game where the chips have become concentrated in fewer and fewer hands, and where the other fellows can stay in the game only by borrowing. When their credit runs out the game will stop.

I believe Europe is burning financially. Europe's problems are not going to go away. They are so structural. Yet, our problems are right behind them. We cannot just look at Europe.

Our global economy is much more fragile than many of us realize.

You look at the U.S. budget deficit, and you cannot help but feel that this is a serious accident waiting to happen. And not just a serious U.S. accident, but a serious global accident.

Much of the shadow banking sector, a major contributor to the economic crisis, was also only possible because of taxhaven secrecy.

The EU is mired in deep structural crisis. Greece, Portugal and Ireland cannot survive inside the Euro.

The economic crisis has weakened the EU for years.

The United States is broke — fiscally, morally, intellectually — and the Fed has incited a global currency war Japan just signed up, the Brazilians and Chinese are angry, and the German-dominated euro zone is crumbling that will soon overwhelm it. When the latest bubble pops, there will be nothing to stop the collapse. If this sounds like advice to get out of the markets and hide out in cash, it is.

Social unrest and protectionism are the two major risks of the world economic crisis.

In the history of modern capitalism, crises are the norm, not the exception.