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Economics

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Billionaire investor and CEO of Starwood Capital Group, Barry Sternlicht, has issued a dire warning about the state of the U.S. economy. According to Sternlicht, the country is on the verge of an economic implosion that could lead to a hard landing if swift action is not taken to lower interest rates. Billionaire Investor Calls for Urgent Interest Rate Cuts to Prevent Hard Landing Sternlicht’s concerns are rooted in the current state of the economy,…