"Let the words of my mouth, and the meditations of my heart be acceptable in thy sight, O Lord, my Strength, and my Redeemer." Psalm 19:14

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Thursday, March 26, 2009

Having a Good Crisis?

http://www.dailymail.co.uk/news/worldnews/article-1164771/Im-having-good-crisis-says-hedge-fund-manager-1billion-world-plunged-recession.html

"A hedge fund manager who predicted the global credit crunch has said the financial crisis has been 'stimulating' and the culmination of his life's work.
George Soros, who predicted the global financial crisis twice before, was one of the few people to anticipate and prepare for the current economic collapse.
Mr Soros said his prediction meant he was better able to brace his Quantum investment fund against the global storm.
But other investors failed to take notice of his prediction and his decision to come out of retirement in 2007 to manage the fund made him $US2.9 billion. "

Um, since he helped engineer the crisis am I the only one who smells something
fishy here?
Pax

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