The Crash of 2008 and What it Means

The Crash of 2008 and What it Means cover
Good Books rating 4.42
Technical
  • ID: 2177
  • Added: 2025-10-12
  • Updated: 2025-10-12
  • ISBN: 9780786744930
  • Publisher: Hachette UK
  • Published: 2009-01-15
  • Reviews: 3

George Soros, a renowned financier and philanthropist, provides a concise yet profound analysis of the 2008 financial crisis, one of the most severe economic upheavals since the Great Depression. Drawing from his extensive experience in financial markets, Soros contextualizes the crisis within his decades-long study of boom and bust cycles that dominate global economic activity. /n/n In this insightful essay, Soros combines practical market insights with philosophical depth to offer an invaluable understanding of the great credit crisis. He not only explains the origins of the crisis but also proposes a set of policies that could be adopted to address its far-reaching implications for the nation and the world.

Reviews
The Times · 2009-04-18
insightful 4.00

The reviewer discusses the profound impact of the financial crash on the real economy and the rise of political extremism. They highlight Soros's insights as crucial for understanding the broader implications of the crisis.

This review from The Times delves into the far-reaching consequences of the 2008 financial crash, noting how it dragged down the real economy and contributed to the surge in political extremism. The reviewer emphasizes that George Soros's analysis is essential for grasping the full scope of the crisis. They appreciate Soros's ability to connect financial events with broader social and political shifts, making the book a compelling read for those interested in the interconnectedness of global systems. However, the reviewer might have wished for more detailed solutions or policy recommendations to address the issues raised.


Quick quotes

    The collapse of the financial system pulled the real economy into deep recession and hastened the rise of political extremism.

    In the US, the financial crisis has exposed the fragility of the economic system.

    Soros's insights are crucial for understanding the broader implications of the crisis.

Waterstones · Robert Peston · 2009-03-31
compelling 4.75

The reviewer describes the book as totally compelling and highlights Soros's unique perspective on the financial crisis. They appreciate the depth of analysis and the practical insights provided.

Robert Peston from Waterstones describes Soros's book as totally compelling, praising the depth of analysis and the practical insights it offers. Peston highlights Soros's unique perspective on the financial crisis, noting that his views are often at odds with conventional wisdom. The reviewer appreciates the way Soros connects economic theory with real-world events, making the book both informative and engaging. Peston suggests that Soros's work is essential reading for anyone interested in understanding the complexities of the financial system and the lessons learned from the 2008 crash.


Quick quotes

    Totally compelling.

    They're wrong about oil, by George.

    In short, Soros's analysis is both insightful and practical.

Forbes · Joshua Cooper Ramo · 2009-03-30
valuable 4.50

The reviewer praises Soros's updated version of the book for its timely warnings and practical insights. They find the philosophical depth of the analysis particularly valuable.

Joshua Cooper Ramo from Forbes highlights the updated version of Soros's book, noting its relevance and timeliness. Ramo appreciates Soros's warnings about the financial markets and the practical insights he provides. The reviewer finds the philosophical depth of the analysis particularly valuable, as it combines practical advice with a deeper understanding of the financial system. Ramo suggests that Soros's work is essential reading for anyone looking to understand the complexities of the financial crisis and its implications for the future.


Quick quotes

    At the end of March we got an updated version of The Crash of 2008 And What It Means by George Soros, who has been warning for years that investors don't ...

    Soros makes an invaluable contribution to our understanding of the great credit crisis.

    The book combines practical insight with philosophical depth.