Stanley Druckenmiller criticizes US debt and spending

In this podcast episode, hedge fund titan Stanley Druckenmiller voices his concern over the rising US debt and excessive spending. He argues that the country is spending recklessly, digging itself into a deep hole of debt. Druckenmiller points out that increased debt and deficit spending are not sustainable in the long term and calls for a more disciplined approach to fiscal policy. He highlights the need for cuts in entitlements and emphasizes that interest expenses alone will crowd out other important budget allocations. Druckenmiller also discusses the potential impact on the stock market and innovation if the debt levels continue to rise.