Well, so Paul Tudor Jones is in the news making big headlines or a few predictions, one of which he said all roads lead to inflation, consumer price inflation, possibly

what we saw in the 1970s or even worse. And then he is also talking about the United States going into a massive debt crisis

due to the deficits,

and do to pretty much everything that you hear in the news as to how this is completely unsustainable.

And the US isn't going to be able to finance the debt.

Let's get right over to this article and check out exactly what he's saying.

I play a clip of a video and I am going to tell you why he is not just wrong

but why he is dangerously wrong.

Who am I to say that Paul Tudor Jones is wrong?

But in this case he is. He is in my view. So let's go over to

CMBC. Say Paul Tudor Jones says market reckoning on spending is coming

after election. We are going broke. He talking points. Now, are we

going broke? Are the deficits going to explode? Is the United States debt going to go

higher and higher and higher and higher the levels that we can't even

fathom.

Absolutely.

100% it is.

But unfortunately, it's going to do that

because we don't have a debt problem.

See, if we had a debt problem,

then that would constrain the spending.

But unfortunately, we don't.

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