Hendry Says Avoid U.S. Stocks During "Depression;" Banks Won't Return for "25 Years&q

Quote from makloda:

Watch Hendry in this CNBC Europe video (from August 1) absolutely destroy this LLoyds private banking guy, hillarious:

6ED1-PL-hughhendry_sm.jpg

http://www.cnbc.com/id/15840232?video=810371062&play=1

Funniest shit I've ever seen. When they talk about 'recession,' - priceless.
 
He's fun to watch and probably fun to party with, but I would put my money with Warren Buffett over Hugh Hendry (or Peter Schiff). It's not like Warren hasn't given the American Public and government a lengthy harangue about their profligate ways what he envisioned would be the results. He no Pollyana either. Hendry and Schiff are salesman that want to be rockstars.
 
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