Hedge Fund Manager Says Time to Panic
Hedge Fund Manager Says Gov’t May Restrict Bank Withdrawals – Tells public to *****Panic***** Hedge fund manager and macro economic expert Hugh Hendry issued a major warning on the US banking system and the US economy; telling people to “. . .panic.” In a new interview on Bloomberg Markets, Hendry says mass panic and capital flight away from the US banking sector is entirely justified. Hendry says a further decline in the M2 money supply, which in part tracks money in liquid checking accounts, could…