Stanley Druckenmiller: Forget the Sequester, The Bond Market Could Shift At Any Time
February 21, 2013 at 16:51 PM EST
Retired hedge fund manager Stanley Druckenmiller appeared on CNBC Thursday. Druckenmiller, known for running Duquesne Capital and managing money for George Soros, gave a pessimistic outlook for the long-term viability of the U.S. government's budget. The current debate over the upcoming budget sequester was small potatoes, Druckenmiller argued, compared to