Druckenmiller Sees Economic Trouble Ahead, Thinks Stimulus Will Strain Markets
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Stanley Druckenmiller predicts economic trouble for the US in 2024 or 2025. He says "something will break" in the economy.
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Druckenmiller thinks economic stimulus from the Biden administration will create opportunities but also put pressure on rates and cause issues in the stock market.
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The investor understands young people see Bitcoin as a store of value and wishes he had realized that and invested in BTC sooner.
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Druckenmiller, 76, owns gold but no Bitcoin currently, though he says he should own some BTC.
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The hedge fund manager sees Bitcoin becoming a legitimate store of value, especially for the younger generation with most of the money.