|PAUL SINGER: Developed countries are hopelessly and utterly insolvent|
By Julia LaRoche at the Business Insider writes October 14, 2015:
Billionaire hedge fund manager Paul Singer, founder of the $27 billion Elliott Management, went off on central-bank monetary policy at a hedge fund conference on Wednesday.
Speaking at the inaugural Tel Aviv Sohn Conference, Singer said that since the 2008 financial crisis developed, countries had been propped up by a "cult" of central bankers, according to tweets from Bloomberg TV's Elliott Gotkine.
Read more here.
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