George Soros - on difficulties in prediction

14 Apr 2011 Bretton Woods
[On inflation, on China, on Japan, on the world -- what keeps you up at night?]
All of the above. The current situation is much more baffling than the boom bust and the financial crisis itself, because there my alternative theory gives me very clear guidance [Amazing]. But now you are in far from equilibrium territory with lots of imbalances. And how they are going to be resolved are very much political rather than purely economic. You have currently what I call a reflexive interaction between imperfect markets and imperfect regulators [!] and the outcome of all these various imbalances, and there are 7 or 8 of them in the world, are very difficult to predict [Incredible].

[Edited from the version uploaded by AntiSchiff]

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