The lower interest rates fueled housing and consumption booms in countries such as Spain and Ireland. At the same time, Germany, struggling with the burdens of reunification, tightened its belt and became more competitive. All this led to a wide divergence in economic performance. Europe became divided into creditor and debtor countries.
George SorosInvestors operate with limited funds and intelligence, they do not need to know everything. As long as they understand something better than others, they have an edge.
George SorosAn open society is a society which allows its members the greatest possible degree of freedom in pursuing their interests compatible with the interests of others.
George SorosMaking an investment decision is like formulating a scientific hypothesis and submitting it to a practical test.
George Soros