There is no question that a breakup of the euro would be very damaging, very costly, both financially … - George Soros

Same topic Authors

Quote of the day

I still feel like I have a lot of growing up to do 'til I find the voice. You know, everybody has their own voice and their own thing they want to say to the world.

George Soros

There is no question that a breakup of the euro would be very damaging, very costly, both financially and politically. And the biggest loss would be incurred by Germany. Germans have to bear in mind that, effectively, they have suffered practically no losses so far. Transfers have all been in the form of loans, and it is only when the loans are not repaid that real losses will be incurred.

Breakup, Damaging, Germans, Loss, Real, Transfers

Same Author Quotes

Start by assuming the market is always wrong, so if you copy everybody else on Wall Street, you're doomed to do poorly.

Wall, Assuming, Streets, Start, Wrong

When a long-term trend loses it’s momentum, short-term volatility tends to rise. It is easy to see why that should be so: the trend-following crowd is disoriented.

Long, Momentum, Crowds, See, Disoriented, Rise

There is always a divergence between our perception and what actually exists.

Actually, Divergence, Exists, Perception

I'm only rich because I know when I'm wrong.

Making Money, Rich, Knows, Know, Wrong

My sense of insecurity keeps me alert, always ready to correct my errors.

Errors, Insecurity, Ready, Correct, Sense