A climate change skeptic not a denier. Sept UN meets in NY with endless alarmist nonsense from u know whom! Pessimists always seen as sages — Rupert Murdoch (@rupertmurdoch) August 27, 2015

Hours after a dramatic rebound among Wall Street stock exchanges that followed days of massive losses triggered by a cratering Chinese economy, Murdoch offered, "So markets bounce. Too much cash looking for a home. Far too few prepared to invest and employ."

So markets bounce. Too much cash looking for a home. Far too few prepared to invest and employ. Small business the only hope for growth. — Rupert Murdoch (@rupertmurdoch) August 27, 2015

"Small business," he argued, is "the only hope for growth." But the business magnate suggested that such growth is unlikely.

"Global growth dangerously low. Blame politicians' layers of regulations. Too hard," he tweeted, adding "US federal regs 170,000 pages before states & cities."

Global growth dangerously low. Blame politicians' layers of regulations . Too hard. US federal regs 170,000 pages before states & cities. — Rupert Murdoch (@rupertmurdoch) August 27, 2015

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