I love this guy. In the clip below, he dishes out his patently-straightforward analysis of the Greek debt problem. He demands accountability from the Greeks (and anybody else asking for a bailout), and dismisses concerns that sovereign CDS traders are the problem – “Were they the ones who increased deficits to 12% of GDP?”
Other talking points:
- Will China let their currency float?
- U.S. equities are “overdue” for a correction
- He’s been long the dollar for 5-6 months and it’s still working.
- Calls himself a “horrible stock market timer and trader”. This, from the guy who co-founded the Quantum Fund with George Soros, which saw returns of 4200% over the first 10 years.
hat tip Dollar Collapse.