candidwolf on Nostr: "Financial crisis' percolate for years and blow up in days" - Paul Tudor jones on ...

"Financial crisis' percolate for years and blow up in days" - Paul Tudor jones on CNBC today saying (summarized)

Debt is unsustainable
Deficits as far as the eye can see
Will we have a Minsky moment in debt markets
Owns 0 fixed income
Have to let Tax Cuts expire
To reduce Debt / GDP - Run inflation high, small tax, interest rates below inflation, nominal growth above inflation
Need to be Dovish WITHOUT letting inflation run wild

https://www.youtube.com/watch?v=VhJ9k9Ojyg4