he nation’s wealthiest are worth a combined $1.53 trillion, nearly equivalent to the GDP of our neighbor Canada. Their total wealth is up 12% in the year through August 26, when we took a snapshot of everyone’s net worth, meaning these affluent folks did slightly better than the markets; the S&P 500, for instance, was […]
Soros: “Governments Need To Act”
In contrast with laissez faire advocates such as Alan Greenspan, Soros believes in market regulation to correct excesses. His thoughts on the present financial crisis:
Soros On The Current Crisis
Financial Times interviewed the infamous financier George Soros on his thoughts on the recent mortgage crisis, the Fed bailout, inflation, the US elections and what to expect ahead. The interview is in three video clips: The Current Crisis Commodities and Inflation US Economy and Elections
China to replace America as next superpower – Jim Rogers
Jim Rogers, Rogers, a former member of the Barron's Roundtable and, with George Soros, co-founder of the Quantum Fund in the 1970s, investor, author, biker, and adventure capitalist, has moved to Singapore for its Chinese atmosphere. Having two daughters, one 4 years old, and one 4 weeks old, he wants them to grow up in […]
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