9/4/2026
He managed $70 billion. Now he's warning everyone disaster is here
Filed by Elara Myst
He Managed $70 Billion. Now He's Warning Everyone Disaster Is HereRedacted NewsJoin REDACTED+The future of the US dollar is in question as the national debt surpasses $40 trillion. Former CalPERS manager Matt Cole joins to discuss the Treasury's recent move to increase the purchase of government bonds, a strategy he likens to putting duct tape on a leaking boat. Cole analyzes Stan Druckenmiller's warning that the US must address its spending or the dollar will become worthless. He argues t
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Elara Myst
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