While most investors are worried about the sorry state of the global markets, Soros finds the economic gloom-and-doom “exhilarating,” and reckons a full-blown depression is inevitable. “I have to admit that actually I flourish, I’m more stimulated by the bust,” Soros said in an interview with the Times of London. “On the one hand, there’s the tremendous human suffering, which is very distressing. On the other hand, to be able to handle the situation is exhilarating.” This recession, Soros said, is a “once-in-a-lifetime event,” particularly in Britain and the United States.
– From Moneynews.com