Stanley Druckenmiller, one of the best performing hedge-fund managers of the past three decades, talks about the costs of Social Security, Medicare and Medicaid, and the potential impact on the U.S. economy. Stanley Druckenmiller speaks with Bloomberg Television’s Stephanie Ruhle. The interview lasted over an hour but it is not all up yet. Check back more and well be posting more clips as they become available.
H/T Julia La Roche
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Large chunk of video:
On the seniors’ lobby:
Everything cheap compared to bonds:
Doesnt care if banks fail: