{"id":21361,"date":"2010-08-20T00:12:56","date_gmt":"2010-08-20T00:12:56","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/stanley_druckenmiller_on_the_present_economic_mess_we_are_in\/"},"modified":"2010-08-20T00:12:56","modified_gmt":"2010-08-20T00:12:56","slug":"stanley_druckenmiller_on_the_present_economic_mess_we_are_in","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=21361","title":{"rendered":"Stanley Druckenmiller on the Present Economic Mess we are in"},"content":{"rendered":"<p><a href=\"http:\/\/www.bloomberg.com\/news\/2010-08-18\/druckenmiller-calls-it-quits-after-30-years-as-hedge-fund-job-gets-tougher.html\">From here<\/a>:<\/p>\n<blockquote><p>While Druckenmiller doesn\u2019t expect the U.S. to slip back into recession, he sees growth remaining weak as banks lend less and companies hold back on hiring and capital expenditures.<\/p>\n<p>He\u2019s concerned that with interest rates near zero, neither the government nor consumers will pay down their debts.<\/p>\n<p>\u201cWe are setting ourselves up for a much worse problem if we don\u2019t deleverage,\u201d\u009d he said.<\/p><\/blockquote>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>From here: While Druckenmiller doesn\u2019t expect the U.S. to slip back into recession, he sees growth remaining weak as banks lend less and companies hold back on hiring and capital expenditures. He\u2019s concerned that with interest rates near zero, neither<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=21361\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,589,595,149,593,585,596,669,584],"tags":[],"class_list":["post-21361","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-corporationscorporate-life","category-credit-markets","category-economy","category-personal-finance","category-the-banking-systemsector","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007","category-the-national-deficit","category-the-u-s-government"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/21361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21361"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/21361\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}