China is investing in factories in Eastern Europe, not because their labor costs are lower, but because they want to be closer to their markets.
Michael BloombergI think fully, that an independent candidate can't win in this country. The Constitution is structured for basically a two-party government, a two-party race.
Michael BloombergThe people who are worried about privacy have a legitimate worry. But we live in a complex world where you're going to have to have a level of security greater than you did back in the olden days, if you will. And our laws and our interpretation of the Constitution, I think, have to change.
Michael BloombergI'd be happy to provide advice if anybody asked me no matter who the President is.
Michael BloombergThe problem of dealing with the financial industry is being addressed today. You can measure it with interest rates coming down. You can measure it with the quantity of loans, and that sort of thing. The problem is, that nobody wants to take the loans. Once the banks are willing to give it, that's only half the problem.
Michael Bloomberg