Stanley Druckenmiller: “This Is The Most Unsustainable Situation I Have Seen In My Career”
by Tyler Durden
ZeroHedge.com
04/03/2016
“when I look at the current picture of expected tax revenues combined with benefits promised to future generations, this is the most unsustainable situation I have seen ever in my career.” The disaster that Druckenmiller sees coming for the United States is all about changing demographics and entitlement spending. They don’t add up to a sustainable situation. Fixing this is going to require some real sacrifice by the American people and that doesn’t sound like a very appealing platform upon which to get re-elected.
The Rest…HERE