31 October, 2021

Well, This Is Encouraging News

‘There Will Be A Crisis’: Legendary Hedge Fund Manager Warns That Economy Will ‘Hit The Wall’ Due To Inflation | The Daily Wire

Carl Icahn — an influential hedge fund manager — warned that the United States economy will experience a crisis due to rising inflation.

“In the long run we are certainly going to hit the wall,” Icahn told CNBC. “I really think there will be a crisis the way we are going, the way we are printing money, the way we are going into inflation. If you look around you, you see inflation all around you and I don’t know how you deal with that in the long term.”

The phrase “going to hit the wall” is not generally one you want to hear about the economy.

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