Independent – Owl Creek Asset Management, one of last year’s best-performing hedge-fund firms, is betting against Denmark’s sovereign bonds in anticipation of a debt crisis, sources told Bloomberg.
Danes owe their creditors 321pc of disposable incomes, a world record that Mr Altman referenced. One catalyst for a debt crisis may be the country’s $550bn (€407bn) home-loan industry, the world’s biggest per capita, which grew after cheap credit fed a borrowing spree, Mr Altman said, according to the people.
