Paul Tudor Jones ruffled more than a few feathers last week [4] when he warned first that "we're in the middle of a disastrous market mania," and second he explained that "this gap between the 1 percent and the rest of America, and between the US and the rest of the world, cannot and will not persist," concluding that "historically, these kinds of gaps get closed in one of three ways: by revolution, higher taxes or wars. None are on my bucket list." His thesis is simple and profound as the following full speech shows...
[5]
Full Paul Tudor Jones Speech:
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Ultimately, Tudor hopes, the free market will take hold and reward the companies that are the most just...
“Capitalism has driven just about every great innovation that has made our world a more prosperous, comfortable and inspiring place to live. But capitalism has to be based on justice and morality…and never more so than today with economic divisions large and growing.”
