Suchisthenarrativenow forming amonginvestors. To anyone whohas lived through the rise and fall of the Japanesebubbleeconomy, it shouldset off alarm bells.
Look, one of the reasons I created the whole Economic Revolution thing here on Forbes was to try to knit together an understandable narrative about the future economy that a broader audience could read, digest, and understand without an advanced degree in the subject.
What one might have hoped for from Mr Soros was a simple narrative describing the pickle that the world economy has got itself into, the role played by financial markets and practitioners such as himself, and, above all, some concrete and coherent suggestions about what should be done.