Michael Steinhardt Is Short Washington

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"When I think about what is happening in Washington right now, I think of the expression that was used in Wall Street a long time ago, which is that we are up to our knees in midgets. That is what I think about when I think about Washington right now, and I guess that is a terrible thing to say, but the fact that we are one week away from a pseudo- default is a reflection of the fact that Washington is less than a place of great intellectual wisdom.” [BloombergTV]

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