'The Big Short' Investor Who Predicted 2008 Crash Says DOGE's Moves Could Lead To BIG Slowdown

Danny Moses, the investor who made a killing betting against mortgage-backed debt before the 2008 crash has sounded a warning on the federal cuts being undertaken by Elon Musk led DOGE, saying that the market is mistakenly failing to price in the negative effect from federal spending cuts. ‘I think we are being overly optimistic [as to] how this is going to play out’, he said in an interview. This all comes at a time when Trump's protectionist trade policy has already stoked fears of an economic slowdown... leading people to ask whether US is actually heading towards a recession. A bunch of investors and economists are warning that it's more a question of when than if. Watch