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Fed expected to leave interest rates unchanged
Stanley Druckenmiller says government needs to stop spending like 'drunken sailors,' cut entitlements
Billionaire investor Stanley Druckenmiller said the federal government has been spending recklessly and failed to issue debt at low rates in past years, mistakes that will ultimately lead to some tough choices in the future like cutting Social Security. “We are spending like drunken sailors,” Druckenmiller said Wednesday on CNBC’s “Squawk Box.” […]
