George Soros on The New Paradigm

One of the great things about having a blog is that people can post various findings and discoveries to the blog and share them with others, inviting comments and engaging in a discussion of just what this particular interview or article might add to the conversation concerning the search for better solutions. In these times, when economists are warning about the meltdown of the financial system, many people are openly talking about imagining a better systemic distribution of wealth, via national economies.

On Bill Moyers' Journal, Moyers interviews George Soros, "one of the world's best known and successful investors, making billions in times of boom or bust." Moyers tells us, "He's been warning for years of a financial melt down fueled by easy credit and sleepy regulation. Now he's out with this timely book, The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means." To listen to this fascinating analysis of why the financial markets have crashed and what we can do to reimagine a more successful financial system, just go to the following website: http://www.pbs.org/moyers/journal/10102008/watch.html.