The Speech on Euro Crisis by Soros

A year back George Soros gave a speech on the Euro Crisis, Could be one of the best speech have heard in the financial domain. After 1 year imagesEuro remains Status quo with some positive signs. Here is the complete speech

He Started with the Crash of 2008 that has been a widespread recognition, both among economists and the general public, that economic theory has failed. But there is no consensus on the causes and the extent of that failure.

He differentiate economics that is a social science and there is a fundamental difference between the natural and social sciences.

Putting the radically approachinspired by Karl Popper who taught him that people’s interpretation of reality never quite corresponds to reality itself. This led him to study the relationship between the two. There is a two-way connection between the participants’ thinking and the situations in which they participate. On the one hand people seek to understand the situation; that is the cognitive function. On the other, they seek to make an impact on the situation; he termed that the causative or manipulative function.  Continue reading “The Speech on Euro Crisis by Soros”

Speech of the year by George Soros

George Soros gave a speech this year in June 2012, Could be one of the best speech have heard in the financial domain.

He Started with the Crash of 2008 that has been a widespread recognition, both among economists and the general public, that economic theory has failed. But there is no consensus on the causes and the extent of that failure.

He differentiate economics that is a social science and there is a fundamental difference between the natural and social sciences. Continue reading “Speech of the year by George Soros”

George Soros Speech on Markets and Euro CRISIS

George Soros gave a speech this year in June 2012, Could be one of the best speech have heard in the financial domain.

He Started with the Crash of 2008 that has been a widespread recognition, both among economists and the general public, that economic theory has failed. But there is no consensus on the causes and the extent of that failure.

He differentiate economics that is a social science and there is a fundamental difference between the natural and social sciences.

Putting the radically approach Continue reading “George Soros Speech on Markets and Euro CRISIS”

Saving The Euro and Grexit

On Last Friday August 24th Merkel said that Greece was going to stay in the Euro. The New york Times reported ” Merkel Vows to help Greek Stay in Euro Zone”

The French President Hollande said the same thing on Sunday: The Wall street journal reported ” Hollande says Greece Must sta in Euro zone ”

August 27 Merkel added that all of the folks who have a seat at the table just shut up about Greece : The Wall street reported “Merkel Cautions on Critism of Greece” ;- It’s Markel who should be cautious of what she says !!

To “fix” Greece, Greece Continue reading “Saving The Euro and Grexit”

The Flames of the Euro Crisis.

Europe is in the midst of a serious crisis and the euro is in a perilous situation. Greece, the currency union’s greatest problem child, has failed to push through necessary reforms. Spain is battling to avoid a full sovereign bailout. Italy too is grappling with soaring interest rates on government bonds due to its debt problems. So is Cyprus. And Slovenia may become the next Continue reading “The Flames of the Euro Crisis.”