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

America needs to follow the policies it has introduced in Germany. We have to go through a certain de-Nazification process.

Germans tend to forget now that the euro was largely a Franco-German creation. No country has benefited more from the euro than Germany, both politically and economically. Therefore what has happened as a result of the introduction of the euro is largely Germany's its responsibility.

The main obstacle to a stable and just world order is the United States.

Markets can influence the events that they anticipate.

Merkel has realized that the euro is not working, but she cannot change the narrative she has created because that narrative has caught the imagination of the German public, and the German public has accepted it.

The only thing that could hurt me is if my success encouraged me to return to my childhood fantasies of omnipotence - but that is not likely to happen as long as I remain engaged in the financial markets, because they constantly remind me of my limitations.