CRISISBOOM

What do the riots in Egypt and a new world reserve currency have in common?

Perhaps more than we think.

Consider the following statements from George Soros in a recent interview:

Some statements of Soros (who happens to be a Fabian Socialist):

The efficient market hypothesis has failed.

Markets are not tending toward equilibrium.

There is imperfect knowledge of regulators and market participants.

He has an economic theory that is “more relevant” than the dominant one and is supporting an institute for new economic thinking….

Inflation (in the United States) is helpful because the burden of debt was getting too heavy.

The problem is you don’t have a Read more…