Tuesday, February 23, 2010

Hendry up 8% on Short Greek Debt

Clusterstock has the following headline:

Hugh Hendry's Fund Is Up 8% YTD Because Greece Collapsed

Hugh Hendry is betting on the unsustainability of world's debt.

“Our portfolios are structured around a deflationary thesis," he told City AM. "There is too much debt in the world.”

go to the Clusterstock link to read more.

 Here is a youtube video of Hendry and Joseph Stiglitz discussing Greece and the coming collapse of the Euro.

No comments: