Gundlach Says Bailouts Should Be Considered ‘Hate Speech’
(Bloomberg) -- Billionaire money manager Jeffrey Gundlach renewed criticism of the economic response to the global coronavirus crisis, saying Tuesday that bailouts should be considered “hate speech.”
The DoubleLine Capital chief executive officer said last month that he doubted if “bailouts of over leveraged companies” would sit well with the American people.
“If the Fed bails out everyone no one actually gets bailed out,” he wrote on April 9 in a separate tweet. “Think about it.”
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