I give away something up to $500 million a year throughout the world promoting Open Society. My foundations support people in the country who care about an open society. It's their work that I'm supporting. So it's not me doing it.

I think there's a lot of merit in an international economy and global markets, but they're not sufficient because markets don't look after social needs.

However, even a strong government can't perform miracles. It needs money from the taxpayers.

China could easily emerge as the great winner if the Chinese leaders handle the situation well. On the other hand, they could also turn out to be the biggest losers if they handle it poorly. If the management turns out be wrong, this could lead to a political crisis in China.

You could adjust the punishment to fit the infraction. Even a small fine would be enough to bring an errant government to heel.

This crisis has the potential to be a lot worse than Lehman Brothers.

Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test. The main difference is that the hypothesis that underlies an investment decision is intended to make money and not to establish a universally valid generalization.