"When you need regulatory tricks to sell your debt, you're already broke." - well said. America is literally broke and struggling with a fake front thru their armoury stoke piles.
He Broke The Bank Of England - Now He's Coming For America. How To Bet With This Trading Legend Using ETFs.
Stanley Druckenmiller's big short against U.S. Treasurys is no ordinary trade. "Personnel is policy," goes the old Washington maxim. Legendary investor Stanley Druckenmiller, who made a billion dollars for the Quantum Fund by breaking the Bank of England in 1992, has discovered how to make policy serve his portfolio.Druckenmiller reportedly has been shorting long-term U.S. Treasury bonds for at least the better part of a year. His bet against U.S. debt received plenty of attention in the fall of 2024, when reports had Druckenmiller earmarking 15% to 20% of his portfolio to short bets on U.S. government debt. Last November, he told an interviewer that "my current bear position [in Treasurys] is about 25% of net asset value " - meaning that 25% of his portfolio's net asset value was allocated in this way.From October 2024: Stanley Druckenmiller says he's shorting U.S. bonds and staying out of China. Now imagine Druckenmiller turning to his young apprentice Bessent and saying, "T
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