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Andrew Vare
Bloomberg Television
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Comments by "Andrew Vare" (@andrewvare3173) on "Blackstone's Schwarzman on Economic Recovery, Banking Industry" video.
Go through an inner city, pick one, and look at the shuttered businesses. Whole blocks lost. Dalio is right, there is a guillotine out there for him somewhere.
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Blackstone became the largest landlord in the US back in 2011 or so. Yes they are awash with liquidity at this level. Wonder if he's been through a riot area recently?
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Banks once again lending to customers who don't need the money. Interest rate apartheid. I see a brisk market in guillotines.
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