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.
George SorosThe reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.
George SorosWhen money is free, the rational lender will keep on lending until there is no one else to lend to.
George SorosGermany will always do the minimum to preserve the euro. Doing the minimum, though, will perpetuate the situation where the debtor countries in Europe have to pay tremendous premiums to refinance their debt. The result will be a Europe in which Germany is seen as an imperial power that will not be loved and admired by the rest of Europe - but hated and resisted, because it will perceived as an oppressive power.
George Soros