George Soros recently gave a speech at a conference in Vienna. The link below is a transcript of that speech. There are two main sections of this transcript that should be broken down. The first six paragraphs provide a succinct, clean, and accurate assessment of where I believe our economy is today. The second section of this speech is the opinion of Mr. Soros about wide ranging economic theory.
The bottom line is this, if you have the time, interest, and economic/financial background, then read the whole thing. If you do not, then just read the first six paragraphs. You will find no finer articulation of our ongoing financial crisis.
http://www.theage.com.au/business/we-have-just-entered-act-ii-of-the-dra...
