If my tie was fixed. All right. I do not consider myself a journalist. Else would consider myself a journalist. I began to take on the life of an interviewer even though i have a day job of running a private quitting firm. How do you define leadership a private equity firm. How do you define leadership . What makes somebody tech . Many people in the investment world have bought sports teams, i am not one of them that i do admire others who have fulfilled their ambitions to get involved in sports. Ross. Them is steve this year he was the host for the super bowl. It is a great diversion from the other successful things he has done. His Real Estate Interest and now hisexports interest sports interest. He is given away millions of dollars for education and other purposes. I admire him as an investor and humanitarian. Did they call you up and say how about doing this . Stephen i think every team in every city really wants the super bowl because it is a Great Economic Development for the cit
Because it reminds me back in 2008 speech made by ben bernanke who was then running the Federal Reserve he was a successor to Alan Greenspan and he was doing this great lecture about how they cure the crisis of 2008 because they have something that they didnt have back in 1929 they have the Printing Press and this began a continuation of what Alan Greenspan did in the 1987 crash was to print their way out of all problems and the idea was that oh we can stop printing at any time and this is all been proven to be false you cant taper a ponzi scheme furthermore they claim to be fighting deflation by all this printing and yet what they created was deflation and deflation in the sense that what were seeing now markets are collapsing and the dollar is rallying thats a hallmark of deflation why was it why is it what why did this happen because of money printing because the money printing gave a lot of cash to the worst actors. In the economy the zombie banks pushed out all productive economy
Cuts so futures are pointing to further declines despite the jobs growth today, smashing expectations for february. The economy added 273,000 jobs during the month, versus the expected 175 Unemployment Rate 3. 5. Wall street looking to close out a turbulent week, the tenyear did tumble below 70 basis points for the first time ever, as investors look for safety amid fears. Revisions on the jobs number not bad but people are calling it the least important jobs number in a long time i dont want to go there. Im going to say the opposite. When you come in with a head of steam, at least you got some possibilities that were not going to go immediately into the recession because there were you dont hire and then lay them off the next day the 53,000 jobs in Food Services and drinking places, thats an extraordinary number are we going to fire all those people interesting. Not right away. Not right away. But there seems to be a growing belief that we are going to have a recession. Right but im sa
All right. David i dont consider myself a journalist. Nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . David many people in the investment world have bought sports teams. Im not one of them. But i do admire others who have fulfilled their ambitions to get involved in sports. One of them is steve ross. He bought the Miami Dolphins a number of years ago, redeveloped a stadium area. This year, he was the host for the super bowl. Its an incredible diversion from all of the successful things he has done. Almost everything he touches works out well. His business interests, his real estate interests, and now his sports interests. One of the early signers of the giving pledge, he has given away hundreds and hundreds of millions of dollars for education, among other major purposes. I really admire him as an investo
Because it reminds me back in 2008 speech made by ben bernanke who was then running the Federal Reserve he was a successor to Alan Greenspan and he was doing this great lecture about how they cure the crisis of 2008 because they have something that they didnt have back in 1929 they have the Printing Press and this began a continuation of what Alan Greenspan did in the 1987 crash was to print their way out of all problems and the idea was that oh we can stop printing at any time and this is all been proven to be false you cant taper a ponzi scheme furthermore they claim to be fighting deflation by all this printing and yet what they created was deflation and deflation in the sense that what were seeing now markets are collapsing and the dollar is rallying thats a hallmark of deflation why was it why is it what why did this happen because of money printing because the money printing gave a lot of cash to the worst actors. In the economy banks pushed out of all productive economy and we e