#6 The Existentialist: Hugh Hendry
Behind the Balance Sheet
00:00
The Banks Haven't Stepped Up to the Play
When you look at this year with the de us main line em people detly have spent a lot of money taeve. Despite all that, the banks have just havent stepped up to the play. It has either not been the willingness from their credit committee committees to to they go for it,. or there's not been the demand. And finally, i think the culprit and the thing that has to change a is china. That and china works with your forty year time cycle. Because what else happened in the last forty years? China went from its citizens, on average, earning like a dollar a day to now, thankfully, earning much more, ten thousand dollars a year
Transcript
Play full episode
