Very surprised to hear an over-leveraged CEO call for lower rates.
@FinanceVector2 жыл бұрын
😁😄
@johnjones-yt8rt2 жыл бұрын
POS
@tnakatak2 жыл бұрын
Ikr. Don't worry about the 8% inflation though
@Chris_Richard2 жыл бұрын
He should write a letter like Cathie Wood.
@pw82972 жыл бұрын
Don't worry when unemployment runs rampant, foreclosures start happening and the middle/working-class loses any wealth they've recovered from 2008. Careful what you wish for. Unwarranted lock downs and not hiking rates in 2021 is why we are here. We could br facing a regular recession.
@mikehawk48562 жыл бұрын
This guy is saddled with debt and is terrified
@acoustically92012 жыл бұрын
Very naive. These guys have personal assets in trusts. off-shore etc. If their company goes belly-up they walk away and any creditors are the ones who should be worried.
@hosoiarchives48582 жыл бұрын
@@acoustically9201 he still wants the gravy to flow
@ana22btoss2 жыл бұрын
Times have changed and now the market is all about pump and dump leaving retailers as bag holders
@sandrinhopjl2 жыл бұрын
Agreed I like this mentality. but if you don’t have that fortune of time it’s a tough market out there almost nowhere feels safe!
@sandrinhopjl2 жыл бұрын
credits to Christopher Neal Yandell, one of the best portfolio managers out there. He’s well-known, you should search his name
@chrischoir35942 жыл бұрын
This guy is a mess. He never saw the Fed hikes coming.
@Smart_Investing2 жыл бұрын
I just went over the numbers for STWD and it's pretty bad. They have over 90% debt, negative cash flow under 1bil, and overall margins decreased. That's enough for me to pass. I'll do a video on this company more in depth when the time comes.
@brabra27252 жыл бұрын
don't worry, nobody cares
@FinanceVector2 жыл бұрын
yikes.
@sbar392 жыл бұрын
This guy clearly is nervous you shouldn't have got so much debt they will be pain
@DigitalMadrigal2 жыл бұрын
Capitalists that don't anticipate recessions aren't capitalists at all.
@danieladams17522 жыл бұрын
Because the archetypal capitalist has always been a sell to the public. Capitalism could never survive on its own without political influence.
@Gilmourist2 жыл бұрын
He works in real estate. Of course, he is upset with the Fed !
@ryanmiller93842 жыл бұрын
Barry is mad at Powell, but what else can Powel do when inflation is at 8%? There is no other choice than to raise rates.
@user-ho3it9kw5y2 жыл бұрын
💬💬✍️✍️👆.
@mephs-l22 жыл бұрын
In first place the FED shouldn't had stimulate a frozen economy, just as the nemesis China is doing right now. It will hurt, but it will not cause a mess. What Powell did wrong was printing x5 the balance sheet and keep interests low for a year and a half when there was a supply chain disruption and Russia was threatening to invade East Europe. What Powell did was very irresponsible and short blinded. I don't think we should go down on interest rates, otherwise we will repeat 1975, but the FED for sure acted like there was no tomorrow, and also like there was no yesterday to take a lesson from... But deep in our hearts we all know that printing was just an exit scam...
@davidhidalgo84652 жыл бұрын
It’s cringe to hear this when, as an average middle class American, sees rising consumer prices that hurts us in very annoying fashion. I want rates to go up and the economy to deleverage. The chickens are coming home to roost now
@user-ho3it9kw5y2 жыл бұрын
💬💬✍️✍️👆...
@TheRiiiight2 жыл бұрын
The good fish by definition are the ones who can survive draining the pond. If you blow up it's not the Fed's fault. It is yours.
@Ikaros232 жыл бұрын
98% of investors are gamblers and are fooled by randomness. When they make money they take all the credit, when it goes down they blame the market. And they never learn. It’s going to go way down for some time, and all these fools get wiped out. Then the boom starts again 2-3 years down the road 📉📈.
@dewilliamsco2 жыл бұрын
Powell and the Fed are doing what they are supposed to do in situations like this…raise interest rates and manage the dollar as a reserve currency. This guy’s issue is that the Fed policies don’t overtly favor the elite investor class. He singled out meme stocks but not the blatant insider trading that happens with investment banks.
@samyporrata58402 жыл бұрын
The only thing they’re doing is causing more destabilizing and bigger crises and not returning us to good standard
@GriffGC2 жыл бұрын
Agree, who cares what this greedy guy has to say. American government needs to do what’s right for the people.
@aheroictaxidriver31802 жыл бұрын
LOL. You don't know what you are talking about. The Fed is raising rates to tame inflation... because... persistent high inflation will cause an immense destruction of financial assets. BUT THAT'S WHAT OUR ECONOMY NEEDS!!! We need those people to be WIPED OUT, not bailed out. We need a HUGE crash so the paradigm will change. The current system HAS TO DIE, so we can move forward.
@andrallorencyl60082 жыл бұрын
Powell needs to raise the interest more and more....they got taxes cut they complain so now let them complaining for good
@dj10552 жыл бұрын
I can only say that due to cheap rates for way too long ( decade) we made tons of money on our multi family properties in Manhattan. But we sold our portfolio at the top because we were smart enough to understand how the economy works. If you are over leveraged with cheap money, whose fault is that?
@mikehawk48562 жыл бұрын
How weak is this system that it can’t handle a 3.5% interest rate 😂
@marcanthonybasha84472 жыл бұрын
Everyone borrowing for no reason.
@noah-mg2vy2 жыл бұрын
In underdeveloped countries trying to get ahead, who are being purposely bullied by the US just because the US wants to force the world to by liquified Natural Gas from the US, it’s bad. The US isn’t a hero, they’re the villain. The villain always thinks they’re helping people. There’s no real terrorism in the world, or fear, that isn’t caused or perpetuated by the US.
@arthurgol5002 жыл бұрын
30 trillion debt securities in flow and 130% gdp to ratio debt, that is just the beginning
@ssticky2 жыл бұрын
@@arthurgol500 they weren’t smart enough to understand the possible consequences, i belie be they have a degree of responsibility. certainly if they call for help i would never even look their direction.
@Seanpfree2 жыл бұрын
Very weak, all growth since 2005 is not real. It's been FED manipulation propping up markets. Now they're undoing, showing their Incompetence in the other direction. There's 30 years of fake growth to take out of the system it's going to be painful, globally.
@libertysprings22442 жыл бұрын
I don't think it's costing them $2 trillion in cap gains since most people never even pay capital gains since they roll the wealth into their kids inheritance and get the value reset at that new level without paying capital gains. Same happens in real estate. People know how to avoid the taxes
@Rnankn2 жыл бұрын
I think the point isn’t what individuals do, as much as if the system isn’t adequately financed, their wealth won’t have much value, and their lives won’t be so great. If we destroy the system in an uncompromising effort to save it from itself, we risk causing the very thing we sought to avoid, but also end being much worse off.
@steinarjonsson_2 жыл бұрын
Also, 94% of the Federal Reserve's profit is paid to the US Treasury. So higher interest rates = greater profit paid to the Treasury instead of taxes.
@MercifulArchitect2 жыл бұрын
correction "corrupt wealthy" people know how to avoid taxes.
@asolano2 жыл бұрын
@@steinarjonsson_ exactly! I just commented that very same point. Many people never heard of remittances.
@ethansaltmere2 жыл бұрын
how do you roll wealth into kids inheritance.. what about inheritance tax... come on man
@asolano2 жыл бұрын
He forgot that the Fed forwards excess interest back to the Treasury in the form of remittances. So the government is not getting punished as much as he makes it sound by high interest rates.
@Mewxrp2 жыл бұрын
Usually it take 3 month for the internet rates kick it probably.
@Corkfish12 жыл бұрын
Good point.
@chrisw.30772 жыл бұрын
Except the Fed is now losing money because it’s paying out more on administering the reverse repo facility than it is bringing in on interest from its holdings. How does someone who knows what remittances are miss this?
@asolano2 жыл бұрын
@@chrisw.3077 they are not losing money yet. They will likely lose money in 2023 and that will be the first time since 1915.
@chrisw.30772 жыл бұрын
@@asolano they are losing money. Rates have already risen above the equilibrium between what they receive and what they pay out. Don’t take my word for it, there’s a FRED chart for it.
@DKK2 жыл бұрын
Hahaha he looks nervous af
@ronbatt7562 жыл бұрын
I just love a good comedy ! This guy is really funny.
@livelean28842 жыл бұрын
He’s a joker. Trying to keep retail investors in. He’s getting smashed.
@on2thenextthing2 жыл бұрын
The reality is he's right
@mal73442 жыл бұрын
The FED is ... Deliberately Incompetent. They should be replaced
@pardone89322 жыл бұрын
Has everyone forgot the option of balancing the budget and living within our means Instead of the central bank controlling our lives Just a thought
@michaellalanae72282 жыл бұрын
If you need money you aren't getting it free anymore .if this doesn't get you to work harder you'll loose it all .dog eat dog .WOOF WOOF .
@Ks-zz9lh2 жыл бұрын
8:16 “everybody is back in the office. I was listening to SBF, and he said they are all back in the office 6.5 days a week. And is was like YES” Ain’t nobody in the ftx office Barry. And yes they were doing “creative” things. Like creative destruction of depositors wealth. Excelllent business model.
@tnakatak2 жыл бұрын
Of course he wants everyone back in the office. No thanks gramps. I like not having to drive 2 hrs and have people distract me all day.
@sebastienloyer94712 жыл бұрын
Great guy, very articulate and to the point.
@maverickjones94182 жыл бұрын
Not to get political it appears Republicans will increase domestic oil production at the same time that inflation should bottom and a Fed pause. Combine this with a lot houses holding on to a 2.75% interest rate, the stock growth could be spectacular. 2024 onward that is.
@lisadiane100012 жыл бұрын
No .......dont think so. Think Dems will sweep on abortion policies and raise corporate taxes. 🙂
@kurdi98k2 жыл бұрын
This man is well spoken.
@invcark2 жыл бұрын
I believe all this is premeditated. The USA can’t be that lousy. I hear opinions that truly don’t match.
@philbellmore99442 жыл бұрын
Umm have you forgotten who our President is??
@meta4kl2372 жыл бұрын
This man has no credibility for several reasons: 1. His denial to the first question as to whether people in his company are negative about what is happening in the econonmy is laughable and self-serving. Of course they are, or are delusional which is even scarier. Do you want delusional people handling your money? 2. One of the contributors of inflation was the huge Federal dollar give aways during the pandemic, which lowered the value of the dollar. During that time Sternlicht wasn't warning about the negative impact of this policy, because people were using the "found money to buy stocks, which helped make Sterlicht richer. 3. Of course the Fed got caught flat-footed when it initially called inflation transitory, but Powell he is such an easy target, but most intelligent financial analysts admit rates need to go higher another will be pain. If Sternlicht believes the Fed should pivot at this time, he is clearly in the minority. 4. His statement that he favors a split power structure with the Republicans winning the House &/or Senate because then the 2 parties will compromise and pass constructive legislation is incredibly naive as he has no appreciation of the polarization present that will only get worse. Witness the whitewashing and welcoming back into the fold of MTG
@user-ho3it9kw5y2 жыл бұрын
💬💬✍️✍️👆.
@chrollifanboy282 жыл бұрын
This guy such a whiner. He's basically addicted to zero interest rate and quantitative easing.
@AnonymousanonymousA2 жыл бұрын
Why does more money have to be printed?
@mysterybuyer37382 жыл бұрын
Because they create PLANdemics like Covid to move wealth around. The world will not recover from this for atleast 10 years.
@rickjones12812 жыл бұрын
From what I can make out..Who ever blinks first will loose.
@redjetsen10022 жыл бұрын
This dude is pleading for ordinary people wha wha wha the higher interest is costing the treasury...wha wha wha ...he doesn't get to speculate billions by borrowing at 0% and driving real estate prices higher. Speculators have run rough shot on the market. They borrow massively they need to be more responsible.
@danielschmider50692 жыл бұрын
"Have SPACs failed?" NO! It's just a scammer's paradise, you can still make a lot of money!
@Mx.Andrik2 жыл бұрын
Aside the fact of the ugly looking negative cash flow and debt to assets ratio, why is he interrupting Sonali like that? Nervous or just insufferable?
@user-ho3it9kw5y2 жыл бұрын
💬💬✍️✍️👆..
@kevionPinkston2 жыл бұрын
pain. its coming
@e-cuauhtemoc2 жыл бұрын
It's already here, the common folks haven't been hit as hard yet. The elite will pass on more pain onto the tax payers very soon.
@UltimateBargains2 жыл бұрын
Here's a crazy idea: How about a super strong dollar based on gold, being the largest creditor instead of debtor nation, and making here in USA the stuff we need & want, instead of paying countries that hate us?
@user-ho3it9kw5y2 жыл бұрын
💬💬✍️✍️👆..
@petervossos48162 жыл бұрын
You need to pay off the 36 trillion first! Then you need to start over with the 8000 tons of gold US has it won’t be much of a super strong dollar!!! If 1million tons of gold fell out of the sky onto the lawns of the White House then yah what your saying could happen! 750,000 tons would pay the 36 trillion debt and 250,000 tons would bring all the industries back and provide stability!
@TheRiiiight2 жыл бұрын
Because an economy is more then just gold. Aluminum, steel, cooper, silicon processors, farm land, oil, computer programs, etc all have real value to them that have nothing to do with gold. What practical purpose does gold have to a man who owns a state of the art microchip fabrication plant? Or a farm that feeds a 100k people? Gold is just a luxury commodity, no different from collecting Nike shoes and rolex watches. And it's not even a good inflation hedge anymore.
@lucylovitt95832 жыл бұрын
@@TheRiiiight so, that's why all the major central bank's have been net buyers of gold since the dissolvent of the banking cartel agreement in 2019 then? So that's why Chynah has got somewhere over 22.000 tones and why the Ruble is making the USD look like a Banana Republic currency. Got it!
@TheRiiiight2 жыл бұрын
@@lucylovitt9583 nice fanfiction you have there. Maybe a publisher will give your story a book deal.
@3EBstudio2 жыл бұрын
This interview is dark and insightfully.. 🔴🤯
@mallymall13502 жыл бұрын
SBF is in the office 😏 how about that
@simpletradingstyle2 жыл бұрын
Thanks, great content!
@e-cuauhtemoc2 жыл бұрын
Banks are better off now than in 2008??? He's high.
@darrenprior63392 жыл бұрын
Explain how he's wrong? Were you even around in 2008 to understand what happened to the banking system and the protocols that have been put in place since? I think you're the high one mate
@PEACEANDLOVEMAKELOVENOTWAR2 жыл бұрын
Wuow he really needs these interest rates to come down.. But he has a point at the same time
@user-ho3it9kw5y2 жыл бұрын
💬💬✍️✍️👆...
@excubitorprime47182 жыл бұрын
7:00 He gets his math completely wrong. You can't apply current interest rates to the entire US Government Debt. He says it's extra 1trln interest expense on 31 trln of debt. It's a patently wrong calculation. New rates apply only on new issuance. The best thing you can do is figure our how much the average interest on the ENTIRE 31 trln balance goes up. And it definitely hadn't gone up 300bps. Surprising how some of these high falutin' finance guys speak utter nonsense.
@jeffcann72332 жыл бұрын
Powell is the worst Fed chair in history. It’s remarkable how clueless this guy has has been since late 2020.
@tnakatak2 жыл бұрын
The last two were pretty bad too
@vitigaymer10532 жыл бұрын
He's redeeming himself now
@shannoncraig69432 жыл бұрын
I don't think printing any more money at this point will help. All the Covid 19 money that surged into the economy is one of the causes of our inflation.
@aadityasaple2 жыл бұрын
This Guy is trying to make everyone drink his coolade
@on2thenextthing2 жыл бұрын
Kool-Aid works. I'm up 7% this year.
@wizard_of_the_west82702 жыл бұрын
Imagine buying debt that's now worthless and is working against you.
@bentao33522 жыл бұрын
"If Putin were kicked out of power" - and if he isn't, Barry?
@lucylovitt95832 жыл бұрын
He totally fails to understand that the sanctions as lone have destroyed the EU. It's not Vlad's fault. Didn't Donald earn them all three years ago - and the EU laughed in his face. German car anyone?
@deckape692 жыл бұрын
If its true there is 30 trillion then why do we need more
@user-ho3it9kw5y2 жыл бұрын
💬💬✍️✍️👆..
@无畏无知者-i5o2 жыл бұрын
This dude is way too emotional. Cry me a river. Deal with high interest rates. No more free money.😢
@objectivethinker32252 жыл бұрын
This guy talks all BS. Maybe someone should inform him that most people have their equities in a tax-deferred account so his 20% capital gains argument is foolish.
@mmar1612 жыл бұрын
Black rock will buy your neighbors home when it defaults….
@user-ho3it9kw5y2 жыл бұрын
💬💬✍️✍️👆.
@tabtn68442 жыл бұрын
When Fed lowered rate if it was not mistake now then when Fed is rising rate, why will it be a mistake? The answer lies in excessive debt and too much reliance on diaper sevices.
@kenlong12292 жыл бұрын
I like this guy Barry. Good man.
@sebastienloyer94712 жыл бұрын
People are interested into ACCOUNTABILITY for the GAMBLER'S of the financial system '$. We need a Guillotine Base justice system in public and with witnesses, televised open source for ALL. Justice must be PUBLICLY EXECUTED.
@orangetwingo2 жыл бұрын
This gentleman is definitely short the market.
@chrischoir35942 жыл бұрын
sarcasm? he was definitely blinded sided by the Fed.
@mannybudhu39052 жыл бұрын
and I am long with the girl.
@jfer9822 жыл бұрын
He’s not short the market, he’s in real estate, low interest rates benefit him.
@on2thenextthing2 жыл бұрын
Excellent interview.
@G_Mac_Trading2 жыл бұрын
"waiting is a form of a recession" great insite , never considered "waiting" like this
@DanStratocaster12 жыл бұрын
This has been coming for 100 years. This debt system for dollars doesn’t work. We need a new currency.
@user-ho3it9kw5y2 жыл бұрын
💬💬✍️✍️👆....
@Hammett1752 жыл бұрын
Oh, they've got one in mind for us.
@philsimmer2 жыл бұрын
Real Estate guys like inflation! It makes their assets worth more. Of course he gives no f's. How dare Powell ruin my party! lol.
@zonetwelve2 жыл бұрын
i was just thinking about how there was a billionaire who claimed he was the one who finally convinced Biden to run in 2020... there may have been 2 billionaires who said this actually... but if they were able to talk him into doing what they wanted before, they would surely figure out a way to do it again.
@Anthony-dy5cq2 жыл бұрын
Someone who lives on an island, "yup, a schism in govt would be good for us", can't get anymore tone deaf.
@user-ho3it9kw5y2 жыл бұрын
💬💬✍️✍️👆.
@wjpeaj88902 жыл бұрын
Why this guy not complains when the FED prints a lot of money?
@daveyjones87642 жыл бұрын
He was very smart and then he said energy prices could go to 0 because he heard about solar. Then it got awkward and quite sad
@user-ho3it9kw5y2 жыл бұрын
💬💬✍️✍️👆..
@philbellmore99442 жыл бұрын
Thanks for showing me to never ever buy your stock
@tateoften2 жыл бұрын
Is this really a good time to buy stocks? I know everyone says the mrkt is ripe enough for buying but will stocks tank further this year? How long until a full stock recovery? How are other people in this mrkt raking in over $250k gains within months, I'm really just confused at this point.
@nothingisgiven83642 жыл бұрын
This is as far detached from the real economy as you can be, only exhasterbating the problem. The lack of solutions comes from lack of understanding.
@Angie-in8wc2 жыл бұрын
Housing and unemployment are lagging indicators. Remember this when trying to navigate the finance world.
@jcminvestments90782 жыл бұрын
The labor economic is over and innovation economic is the beginning so the FED is a private organization so they looking to make its money because % returns were to low but the financial markets were over selling til the inflation of any thing for sale went over 45% value price. This is a consumer error and not an economic stagnation acceleration crisis.
@philiscoolerthanu2 жыл бұрын
A question I would have asked this gentleman: he said The fed acted late and let the world get drunk on debt Did he say at anytime that the fed should remove the punch bowl? Or was he drinking shots like the rest of the markets The problem wasn't created because of covid it was the bailouts of banks where this started and 5 QEs. That's where inflation was created Nixon taking us off the gold standard facilitated this Keynesian behavior The cpi is inaccurate and instead of 8% it's more likely 17% Having the fed pretend that they can control markets better than markets can control themselves is a problem Idea.. bring on Peter Schiff and get his thoughts. It will be more beneficial than this guy Buy gold End the fed Term limits for all politicians Use your common sense Smaller government Liberty is the most valuable attribute to a free life.
@reignmkr642 жыл бұрын
Wait, you "think" the Fed is looking at old data? You don't actually know. Besides, recessions are sometimes a necessary pain for our economy. It is pointless to hope for or wish for a "soft landing" but rather we should be asking how long of a recession will it be? That is a far more important question.
@rudynathan88522 жыл бұрын
This guy is about the beg on his knees for lower interest rates
@user-ho3it9kw5y2 жыл бұрын
💬💬✍️✍️👆.
@excubitorprime47182 жыл бұрын
Fed is doing the right thing, but Fed should have started 2 years ago... So Barry is right -- Fed is unbelievably late.
@nothingisgiven83642 жыл бұрын
This detachment from reality, from truth, can not and does not, benefit the good.
@davesod79982 жыл бұрын
He’s been feeding off low rates for years
@LiamWoelpl2 жыл бұрын
Did she say RobinHood?
@EE-ie9gm2 жыл бұрын
Is this joe Bidens younger brother?
@asolano2 жыл бұрын
No, he is the guy in the original Robocop.
@DocDanTheGuitarMan2 жыл бұрын
this guy is nuts
@nothingisgiven83642 жыл бұрын
Productivity suffers via disequilibrium and lack of equitable structures, acknowledging the resultant dissolution of a facade predicated on the ignorance of humanity is one viable solution based in truth.
@vitigaymer10532 жыл бұрын
U type nonsense
@nothingisgiven83642 жыл бұрын
You know he is full of BS @ 6:10 people with no mortgage will have the highest impact!
@lastnewsnetwork62992 жыл бұрын
Don't blame Powell, blame the Democrat spending to excess and crippling energy.
@jonasscheuer76398 ай бұрын
He really called the BOTTOM BOTTOM
@netstarr772 жыл бұрын
The crash is happening
@marekkolenda28032 жыл бұрын
Cash shortages supply can make black market paper US $ be more value then digital currency.After Fed stop QE printing currency
@user-ho3it9kw5y2 жыл бұрын
💬💬✍️✍️👆..
@Burnitall2202 жыл бұрын
What? Why did he say singapore/china/taiwan are back in the office, because they're not. They have the same labor problems we do (I work in China). Propaganda at it's finest
@williamtucker97672 жыл бұрын
He’s looking at it as a multi billionaire which is fine. But for the average consumer we don’t see it this way. The market as we see it. It’s tanking. The labor force is strong. We have more jobs than we have available working fours to fill. Number two, the production rate of the United States and the world is plain and simple,. It’s an overstock warehouse. We have too much stuff and not enough consumption. It all stems from the aging workforce and the market is going down and will be going down over the next five years. In 2027, we will hit rock bottom. I don’t want to tell you this but this is the truth. It’s kind of like the Titanic. Wealth distribution will benefit the 1 to 10% on the top. The other 90% are going to be on the bottom. It’s the best scenario that I can give you. A lot of people don’t want to accept it, but it is the truth. As you can see in the market today, production has gone down inflation is still high. The people that can work and want to work are already working. Here in the United States we have at least 11 million people retiring every year for the next five years. So that’s an average of 55 million people left that are baby boomers. In England and France and Germany and all of Europe Russia China and all of Asia. Or seeing the same problem. So if you look at that the way I do. You’ll see stagflation . what we see today is an economy that is slowing down to a point. Where you can compare it to 1953. A lot of people would say well that’s the start of an upside in economies. But from 1953 until now, we went up the mountain . Ever since 1988 to 94. We have been going down the mountain as a society in the world. The glory days are over. If you look at it like this , You will see that I am right. Right now the market has raised everything up with corporate buybacks. Which raised the market to UnPresidented value basically mega bubble. With that being said, they’re losing everything that they invested in as corporate buybacks. If they would just cut production to the bare minimum. The market would readjust around 3.1% or the S&P at 3100. And start over again. My prediction is 2800. Before the stock market realizes the mistakes that they’re doing which gives you an economy based on 1946 through 53 in a production rate and a production of that as it was in 1953. I said problem that nobody wants to talk about is the 1% still wants the same profit margins that they had in 2018 2019. The sad part is they know it that it’s an equality gap parity. With that being said, the scenario that I said before The titanic. The rich on the top the poor people on the bottom there’s not enough boats to save everybody. This is how society will react. If you are not in the 1 to 2% at the top you will fail. You might survive a little bit but you will lose millions and billions of dollars over the next five years. By worrying about this shit problem. Right now what you need to do in my opinion. Liquidate all your assets pay off everything that you can and run it into stagflation. Idle your business or only on a small business mindset. Because the market and the economy are going to take you to the bottom anyways. So if you have an over abundance of stock hold onto it like in a warehouse. And when the market and the economy goes down you have an abundance of stuff to sell overtime. Now your profit margin will not be large but it will be steady. I’d like a mom and pop shop.
@meta4kl2372 жыл бұрын
Please proofread your comment
@shanishine382 жыл бұрын
You've got some interesting perspectives, thanks for taking time to write this.
@timferguson5932 жыл бұрын
Just keep rates where they are a couple of years and let the bodies float to the surface.
@nothingisgiven83642 жыл бұрын
@13:41 the middle east has us by the balls you hear that America.
@bkinstler2 жыл бұрын
This man is either desperate or biased to the point of being blind.
@cainejingtrakool82052 жыл бұрын
Thanks Mark another very interesting and informative video . If only the average man on the street understood the real dire state of the financial system , they would be terrified ! Under the fake glossy veneer is a financial armageddon waiting to engulf the whole system .
@SJM67912 жыл бұрын
What are you talking about? The average man is living it every day and getting crushed in the process!
@hosoiarchives48582 жыл бұрын
How does he expect to get inflation down
@deepasangoi69992 жыл бұрын
This Billioniare Will Never Understand That People Come TO my Gas Station And Buy $5 Gas Every Day,Because He Has Been Ripping THEM.
@amatuer22 жыл бұрын
David , stocks are on sale , buy more .
@user-ho3it9kw5y2 жыл бұрын
💬💬✍️✍️👆.
@brendenellasfunadventures41862 жыл бұрын
Credit suize is done for
@l.kramer77912 жыл бұрын
Pay attention Starwood…not the market where you have ltd experience
@puneetsingh702 жыл бұрын
Just remember to invite him again in a year and remind him of his statements and ask for explanations.
@AANDYG20102 жыл бұрын
This man looks absolutely terrified. I wonder what the impact of rates are on his book...
@v8only6822 жыл бұрын
Can this lady shut up and let this man talk? I was really interested for him to keep going on certain points but she kept interrupting him with her clueless questions
@charlescartwright31452 жыл бұрын
WOW this interview is for the Herstory Books I am very impressed Thank U Bloomberg
@user-ho3it9kw5y2 жыл бұрын
💬💬✍️✍️👆..
@MyInfotainmentFix2 жыл бұрын
Sounds like he is talking his own book and not reality!