Billionaire Investor Expects “One or Two” Bank Failures a Week; Economist Says We’re “Entering a New Dark Age”
via Zerohedge: Billionaire Barry Sternlicht, Founder, Chairman and CEO of Starwood Capital Group has issued an ominous warning about America’s regional banks, which he says will fail at a rate of ‘one or two’ per week. Speaking with CNBC on Tuesday, …