Busted: Why The Markets Can't Fix Themselves
by Oliver Tunnat
By George Soros
The whole country is up in arms about corporate abuse and financial wrongdoing. Our outrage is coupled with amazement: How could it have happened? Yet we shouldn't be amazed. The excesses of the 1990s boom and the clamor for reform that has accompanied the current bust are in fact a recurring feature of financial markets. What is truly amazing is that after so many boom/bust cycles we still do not properly understand how financial markets operate.
Moral an die Börse!
Bilanzbetrug und Börsencrash - es konnte gar nicht anders kommen. Die Ideologie des freien Marktes trieb den Menschen in die Sucht nach Geld. Wer ehrlich blieb, verlor. Helfen können jetzt nur der Staat und ein neuer Glaube an das Gemeinwohl.
Deutsche Übersetzung in der ZEIT >
[Link auf das Original via Haiko Hebig]
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