Soros George - The new paradigm for financial markets


Author : Soros George
Title : The new paradigm for financial markets The credit crisis of 2008 and what it means
Year : 2008

Link download : Soros_George_-_The_new_paradigm_for_financial_markets.zip

Introduction. We are in the midst of the worst financial crisis since the 1930s. In some ways it resembles other crises that have occurred in the last twenty-five years, but there is a profound difference: the current crisis marks the end of an era of credit expansion based on the dollar as the international reserve currency. The periodic crises were part of a larger boombust process; the current crisis is the culmination of a superboom that has lasted for more than twenty-five years. To understand what is going on we need a new paradigm. The currently prevailing paradigm, namely that financial markets tend towards equilibrium, is both false and misleading; our current troubles can be largely attributed to the fact that the international financial system has been developed on the basis of that paradigm. The new paradigm I am proposing is not confined to the financial markets. It deals with the relationship between thinking and reality, and it claims that misconceptions and misinterpretations play a major role in shaping the course of history. ...

You might also like

Support Balder Ex-Libris ! Knowledge is not free

We share books for free, but maintaining such a site online requires costly hosting. You can...

Continue reading

Doenitz at Nuremberg A re-appraisal

Authors : Thompson H. K. - Strutz Henry Title : Doenitz at Nuremberg A re-appraisal War crimes and...

Continue reading

Matthews John - The rosicrucian enlightenment revisited

Authors : Matthews John - Bamford Christopher - Goodrick-Clarke Nicholas - Godwin Joscelyn - Powell...

Continue reading

Briggs Asa - The nineteenth century

Author : Briggs Asa Title : The nineteenth century The contradictions of progress Year : 1970 Link...

Continue reading

Giuliani Charles - The VAXX Report

Author : Giuliani Charles Title : The VAXX Report 2021 revision Year : 2021 Link download :...

Continue reading


Donate


Balder Ex-Libris
Review of books rare and missing


Balder Ex-Libris