Olduvaiblog: Musings on the coming collapse

Home » Posts tagged 'cnbc' (Page 2)

Tag Archives: cnbc

Blackstone’s Private Equity Head Warns: “We Are In The Middle Of An Epic Credit Bubble” | Zero Hedge

Blackstone’s Private Equity Head Warns: “We Are In The Middle Of An Epic Credit Bubble” | Zero Hedge.

Blackstone Group have arguably been at the center of inflating the new echo bubble in real estate by bidding (all cash) for property across the US. So it is somewhat ironic that just two months after we noted that “the smartest money is selling,” the head of Blackstone’s Private Equity Group had the following words for an audience at a Dow Jones Equity conference in New York:

“We are in the middle of an epic credit bubble, in my opinion, the likes of which I haven’t seen in my career in private equity.”

Joseph Baratta had plenty more to say including “the good times are not going to last forever,” and “we are not leveraging US GDP,” as he expects a ‘mean reversion’ in multiples and “that largesse goes to the seller.”

Via Dow Jones,

The U.S. is “in the middle of an epic credit bubble,” according to Blackstone Group’s global head of private equity, Joseph Baratta , and that bubble is affecting how one of the world’s largest private equity firm’s invests its billions….

BAKKEN HYPE VERSUS REALITY « The Burning Platform

BAKKEN HYPE VERSUS REALITY « The Burning Platform.

 

Marc Faber On Protecting Wealth In The Coming Collapse | Zero Hedge

Marc Faber On Protecting Wealth In The Coming Collapse | Zero Hedge.

 

Santelli Rants “All Roads Lead To The Fed” | Zero Hedge

Santelli Rants “All Roads Lead To The Fed” | Zero Hedge.

 

Jim Rogers: “The Whole ‘Economic’ World Is Artificial… It’s Going To End Very Badly” | Zero Hedge

Jim Rogers: “The Whole ‘Economic’ World Is Artificial… It’s Going To End Very Badly” | Zero Hedge.

 

Ron Paul On Gold And Why “We’ll See More Detroits” | Zero Hedge

Ron Paul On Gold And Why “We’ll See More Detroits” | Zero Hedge.

 

Worldwide Unemployment Crisis: There Are 93 Million Unemployed Workers In G20 Nations

Worldwide Unemployment Crisis: There Are 93 Million Unemployed Workers In G20 Nations.

 

Rick Santelli Rages: “What Is Bernanke So Afraid Of?” | Zero Hedge

Rick Santelli Rages: “What Is Bernanke So Afraid Of?” | Zero Hedge.

 

Google Spy Drones For Street View? | Zero Hedge

Google Spy Drones For Street View? | Zero Hedge.

 

%d bloggers like this: