Category: Starwood Capital Group

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Billionaire Barry Sternlicht Warns of Hard Landing — Says ‘Economy Is Going to Implode’

March 26, 2023

Billionaire Barry Sternlicht, chairman and CEO of Starwood Capital Group, has warned that the U.S. economy is going to implode, emphasizing that interest rates have to fall. He further stressed that the economy “will have a hard landing.” Barry Sternlicht on Hard Landing, Economic Implosion The chairman and CEO of Starwood Capital Group, billionaire Barry…
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Billionaires are backing Bitcoin over gold … but some say Ethereum is even better

October 14, 2021

“The reason I own Bitcoin is because the U.S. government and every government in the western hemisphere is printing money now to the end of time,” said Billionaire Barry Sternlicht. Following JPMorgan CEO Jamie Dimon’s recent comments that Bitcoin is worthless, two well known billionaires have leapt to its defense — although both of them…
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