Fleckenstein Warns 2015 Is The Year The Fantasy Dies
KingWorldNews.com
January 02, 2015
Today the man who closed down his short-only hedge fund right at the bottom of the 2008/2009 collapse warned King World News that 2015 is the year the fantasy dies. Bill Fleckenstein, who is President of Fleckenstein Capital, also cautioned that the U.S. dollar “is an internet stock that’s on borrowed time.”
Fleckenstein: “People are going to lose confidence in the central banks and there is going to be an ugly dislocation when that happens. Will they come back for another round (of money printing)? I’m sure the Fed will come with QE again when it turns out this one doesn’t work….
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