Gundlach Warns of 'Crack of Doom' Moment Needed to Curb Deficit Spending
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Jeffrey Gundlach believes the economy is slowing and deficits are unsustainable, calling it "a disease."
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Gundlach says a "crack of doom" moment is needed to curb excessive spending across the board. He had this moment himself in 2020.
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Gundlach argues both Democrats and Republicans run up deficits, not just one party.
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Gundlach says the divide is between mathematicians and "pseudo-economists" who ignore the math.
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Gundlach says he'd take a Republican presidential candidate seriously if they ran on zero budget deficit.