Eighteen Hedge Fund Managers Are So Scared The World Is Doomed, They Wrote A Book About It
Oct. 12, 2010
A large number of high profile hedge fund managers recently told the world the government is screwing up and the economy is doomed.
In case you’ve lost track of all of them, too, a startling low-ball estimate of the number of hedge fund managers scared pantless right now: 18.
That’s the number of financial professionals listed as co-authors on a new book dedicated to the administration that they collectively believe is running the world’s economy into the ground.
They call their tome, “The Gathering Storm,” (first brought to our attention by City AM).
It’s end of the world book party is being celebrated at a trendy club tonight.
Here’s what they write on the invite:
A bunch of leading hedge fund managers has just published a collection of essays looking at the serious possibility that the recent financial unpleasantness was just an amuse-bouche for the main event – the really ghastly crash that awaits us all when governments start debasing the currency, when stock and bond markets go into extreme meltdown, when sovereigns themselves go belly-up.