Video Interview: Soros on Financial Markets

By Prieur du Plessis, on April 6th, 2008 posted in: Investment, Markets, Money Leave your comment

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George Soros, of Soros Fund Management, has just launched a new book “The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What it Means”, which will arouse considerable interest. Coinciding with the launch, Chrystia Freeland, US managing editor of Financial Times, conducted a three-part video interview with Soros on a variety of highly topical issues.

In Part 1 Soros talks about the credit crunch and the recession, and says the Fed was right to rescue Bear Stearns.

George Soros on the credit crunch and Bear Stearns

In Part 2 Soros discusses the incipient commodities bubble, and believes there will be a need for a new Basel accord on banking supervision. He also discusses China and believes that the US housing market problems are just building up.

George Soros on commodities, Basel 2, China and the US

In Part 3 Soros talks about the US dollar, US leadership in the world and his support for Barack Obama, who he feels is the candidate who will create the most change for America’s future.

George Soros on the US dollar, Obama and US leadership in the world

Source: Financial Times, April 4, 2008.

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