We are the most powerful nation on earth. No external power, no terrorist organization, can defeat us. But we can defeat ourselves by getting caught … - George Soros

Tell us about the crisis of 1981.
It started much earlier, around the time I spelled out my three-stage strategy. Here I was, extremely successful, but I made a point of denying my success. I worked like a dog. I felt that it would endanger my success if I abandoned my sense of insecurity. And what was my reward? More money, more responsibility, more work-and more pain-because I relied on pain, as a decision-making tool.

I advocate an alliance of democratic states, with a dual purpose. One, to promote what I call open society. I talk about an alliance of open societies which would first foster the development of open societies within individual countries, because there's a lot that needs to be done in that effort. And secondly, to establish basic international law and international institutions that you need for a global, open society. So that's my sort of broad concept. Now, I have not worked out the details, because I don't think it's for me to work out the details. It's for them to work out the details.

To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride. Once we realize that imperfect understanding is the human condition, there is no shame in being wrong, only in failing to correct our mistakes.