{"id":8222,"date":"2023-11-01T17:51:56","date_gmt":"2023-11-01T17:51:56","guid":{"rendered":"https:\/\/infundpros.com\/markets\/stanley-druckenmiller-warns-u-s-needs-to-stop-spending-like-drunken-sailors-rising-interest-rates-could-be-force-for-good\/"},"modified":"2023-11-01T17:51:57","modified_gmt":"2023-11-01T17:51:57","slug":"stanley-druckenmiller-warns-u-s-needs-to-stop-spending-like-drunken-sailors-rising-interest-rates-could-be-force-for-good","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=8222","title":{"rendered":"Stanley Druckenmiller warns U.S. needs to stop \u2018spending like drunken sailors\u2019, rising interest rates could be \u2018force for good\u2019"},"content":{"rendered":"
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Billionaire hedge-fund founder Stanley Druckenmiller warned on Wednesday that the U.S. government needs to stop spending \u201clike drunken sailors\u201d before the ballooning national debt begins to undermine American competitiveness. <\/p>\n

The billionaire hedge-fund manager, known for his work with George Soros as well as a long streak of strong performance at his former hedge-fund, Duquesne Capital Management, said government spending had swelled from 20% of GDP before COVID-19 to 25% today.<\/p>\n

\u201cMy…\n <\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Billionaire hedge-fund founder Stanley Druckenmiller warned on Wednesday that the U.S. government needs to stop spending \u201clike drunken sailors\u201d before the ballooning…<\/p>\n","protected":false},"author":1,"featured_media":3357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":{"0":"post-8222","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets"},"yoast_head":"\nStanley Druckenmiller warns U.S. needs to stop \u2018spending like drunken sailors\u2019, rising interest rates could be \u2018force for good\u2019 | inFundPros<\/title>\n<meta name=\"description\" content=\"Billionaire hedge-fund founder Stanley Druckenmiller warned on Wednesday that the U.S. government needs to stop spending \u201clike drunken sailors\u201d before the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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