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George Soros on commodities, Basel 2, China and the US housing market
George Soros, of Soros Fund Management, speaks to Chrystia Freeland, US Managing Editor, in this special to View from the Markets, with the launch of his book, "The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means". In Part 2 of this three part series, he talks about the incipient commodities bubble, and believes there will be a need for a new Basel accord on banking supervision. He also discusses China and believes that the US housing market problems are just building up.