{"id":9947,"date":"2009-02-23T00:00:00","date_gmt":"2009-02-23T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"soros-says-economic-crisis-signals-end-of-a-free-market-model","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2009\/soros-says-economic-crisis-signals-end-of-a-free-market-model.html","title":{"rendered":"Soros Says Economic Crisis Signals End of a Free-Market Model"},"content":{"rendered":"<p>Bloomberg &#8211; Billionaire investor George Soros said the current economic upheaval has its roots in the financial deregulation of the 1980s and signals the end of a free-market model that has since dominated capitalist countries.             <\/p>\n<p>Liberalization of the financial industry begun by the Reagan administration has led to a series of crises forcing government intervention, Soros told economists and bankers at a Feb. 20 private dinner at Columbia University in New York. The global recession, triggered by the collapse of the U.S. housing market, has &ldquo;damaged the financial system itself,&rdquo; he said.     <\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.bloomberg.com\/apps\/news%3Fpid%3D20601087%26sid%3Da60APVwmz01g%26refer%3Dhome\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Billionaire investor George Soros said the current economic upheaval has its roots in the financial deregulation of the 1980s and signals the end of a free-market model that has since dominated capitalist countries. Liberalization of the financial industry [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[6374,608,7994,1302,185,3462,7992,4910,7991,5047,4905,1447,197,4650,7997,7996,7995,7993,4329,196],"class_list":["post-9947","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-1980s","tag-billionaire","tag-capitalist-countries","tag-collapse","tag-columbia-university","tag-crises","tag-economic-upheaval","tag-economists","tag-financial-deregulation","tag-george-soros","tag-global-recession","tag-government-intervention","tag-housing-market","tag-investor","tag-liberalization","tag-market-model","tag-private-dinner","tag-reagan-administration","tag-roots","tag-signals"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9947"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9947\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}