Mises Daily
Author:
Stephen Mauzy
Online Publish Date:
If the word “ironic” doesn’t apply to bond-investing gurus, then it applies to no one. Former George Soros protégé Stanley Druckenmiller and Doubleline Capital founder Jeffrey Gundlach have warned that US government spending is unsustainable at current levels and that the ballooning deficit increases the likelihood of default. Bill Gross, manager