Commentary: Crisis is result of 60-year super boom

01/23/2008 | Financial Times (free content)

In this commentary in the Financial Times, George Soros says the current financial crisis resembles previous crises, with one significant difference. "(T)he current crisis marks the end of an era of credit expansion based on the dollar as the international reserve currency," Soros writes. He goes on to explain how the crisis developed and where the markets will probably go from here.

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