Is Capitalism Heading for Breakdown? News Analysis: George Soros's New Book Says That Speculators Threaten to Destabilise the World Economy

Coyle, Diane, The Independent (London, England)

"AS A fund manager, I depended a great deal on my emotions. The predominant feelings I operated with were doubt, uncertainty and fear," writes George Soros in his new book, The Crisis of Global Capitalism. Wrecking ball, bubonic plague, depression, total breakdown - these are just a few of the emotional phrases Mr Soros uses in his analysis of global financial markets.

When someone who has benefited to the tune of billions of dollars from the financial markets says that destabilising speculation threatens a complete breakdown of the capitalist system - which has delivered such amazing advances in prosperity over the past five decades - it is worth paying attention. …

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Publication information: Article title: Is Capitalism Heading for Breakdown? News Analysis: George Soros's New Book Says That Speculators Threaten to Destabilise the World Economy. Contributors: Coyle, Diane - Author. Newspaper title: The Independent (London, England). Publication date: December 2, 1998. Page number: 19. © 2009 The Independent - London. Provided by ProQuest LLC. All Rights Reserved.

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