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Soros And Market Fundamentalism
Many economists agree that there is a significant imbalance between the growth of global economy and the development of a free society. One of these economists who agrees with this point is George Soros. Soros bases his dilemma mainly on the Thai crisis that hastened the currency meltdown in Asia. Also the Russian collapse inflicted temporary chaos on the Western financial system, and most recently, the volatility of the world’s stock markets has caused most investors much tremor. George Soros argues that in the last 20 years, the emergence of market fundamentalism, that is the idea that markets need only be regulated by ....
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