Billionaire Barry Sternlicht Foresees Banks Failing Every Week in US

Share This Post

Billionaire Barry Sternlicht Warns of Weekly Bank FailuresBarry Sternlicht, CEO of Starwood Capital Group, has voiced concerns about the vulnerability of regional and community banks in the U.S. to high interest rates and inflation, particularly amid the commercial real estate downturn. He forecasted frequent failures of these banks, predicting: “You’re gonna see your regional bank fail … every week, maybe two a […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Public companies doubled Bitcoin holdings in 2024 as accumulation surpassed previous 5 years combined

The amount of Bitcoin (BTC) held by public corporations reached 592,112 BTC in 2024, according to Bitcoin Treasuries data Bitwise head of research Ryan Rasmussen highlighted that the number is twice

Bit Bonds: Newmarket CEO Proposes Bitcoin-Infused Strategy to Tackle National Debt

Andrew Hohns, founder of Newmarket Investment Management, unveiled a proposal for US “Bit Bonds” designed to leverage bitcoin’s growth to reduce national debt, lower interest

Rakurai Raises $3M Seed Round to Accelerate Development of High Throughput Solana Nodes

This content is provided by a sponsor PRESS RELEASE San Francisco – 12th March 2025: Rakurai, the infrastructure project supercharging Solana staking, has closed a $3 million seed funding

This Ethereum Monthly RSI Chart Just Crashed To New Lows To Break 2022 Records, What Happened Last Time?

Ethereum’s price has been facing significant downward pressure in recent days, with the cryptocurrency even dipping below the $2,000 mark for the first time since December 2023 The crash below

Russian central bank proposes 3-year crypto trial for select investors

The Bank of Russia has proposed a three-year experimental legal framework that would allow a limited group of investors to trade cryptocurrencies, marking a potential shift in the country’s digital

QCP Insights: Bitcoin Holds $82K As SEC Delays ETF Decisions for Top Altcoins

The US SEC has delayed decisions on spot ETFs for major altcoins including XRP, SOL, ADA, and DOGE until May, citing the need for further review Meanwhile, the agency will host a key roundtable to