Friday , 29 March 2024

Economy

Stan Druckenmiller: America Is Heading For A Disaster

Stan Druckenmiller had an incredible investing performance (a compounded annualized rate of return of 30% - without a single down year - over a 25 year period) which was rooted in his skills in making macroeconomic forecasts. Applying those skills to an analysis of our current & future economic situation he has concluded that America is heading for a disaster. Here's why.

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Implications of Declining Dollar Will Be Major (+2K Views)

Western central banks, by debasing their currencies, have produced little more than financial ammunition for speculation on a grand scale. We saw the effect of a flood of this accumulation into the dollar over the last 18 months, and we are about to see the opposite effect as it ebbs away. What will the implications be?

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