The eurozone status quo is neither tolerable nor stable. Mainstream economists would call it an inferior equilibrium; I call it a nightmare - one that is inflicting tremendous pain and suffering that could be easily avoided if the misconceptions and taboos that sustain it were dispelled.
George SorosLaw has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society.
George SorosThe US needs a cap and trade system with auctioning of licenses for emissions rights. The revenues from these auctions can be used to launch a new, environmentally friendly energy policy. That would be yet another federal program that could help us to overcome the stagnation.
George SorosIncrease your bets when you are confident and scale down your positions when you don't have conviction.
George Soros