This book - a chronology of the development of the global economic crisis - consists of two parts written at intervals of a year. In the part dated 2008, the world famous financier George Soros explores the causes of regression, exposes the false prerequisites on which the financial market was built, and gives a forecast of the development of events. The theory of reflexivity stated in it is very valuable, refuting the postulate about the desire of financial markets for balance and allowing both their self-development and self-destruction. In the new part of the book, written in 2009, "Reflections on the 2008 crash and its significance," the author analyzes the dynamics of the crisis, evaluates his own investment decisions, and talks about the mandatory steps to improve the situation. The book allows you to see a retrospective of events that took place in the world economy through the eyes of a brilliant financier and will certainly be of interest not only to specialists, but also to everyone who follows the ups and downs of the crisis.