New York Journal of Books Reviews "Financial Turmoil in Europe and the United States"by George Soros

March 7, 2012 - PRLog -- New York Journal of Books reviewer David E. Spiro writes, "The current financial crisis is explained concisely with eloquence. Understanding what is happening and what is to be done is reason enough to read Financial Turmoil. . . . Dr. Soros shows us once again in these essays that he is not only a competent trader. He is an admirable thinker, and an adept policy analyst. If we were all as good at political economy as he is there would be no financial bubbles—and there would probably be less financial turmoil".

Mr. Spiro also credits Soros when he comments, "Since then Dr. Soros has made more money than all but a few other human beings on the planet. He has given away more than $8 billion to charity. Many people know of him for having made $1 billion in 1992 by betting against the English Pound Sterling".

David E. Spiros states in his review, "Dr. Soros often describes markets in ways that might not otherwise occur to us, but he also depends on the common wisdom at times, even when careful examination might prove it wrong. He repeats the widely held view that in the 1970s and 1980s oil exporters recycled their capital surplus through banks to oil importers, and that is not completely accurate".

To read New York Journal of Books reviewer David E. Spiro's full review of "Financial Turmoil in Europe and the United States" by George Soros visit http://www.nyjournalofbooks.com/review/financial-turmoil-... today!

# # #

Premier online book review journal,publishing book reviews on date of release at midnight. Impressive site with comprehensive coverage of current titles by a reviewing panel of 80 professional reviewers who share a passion for the written word.(10/2010)