[jpl]

Ludwig von Mises could have told anyone this a long time ago, but none of the geniuses who learn economics at Harvard and Yale nowadays want to listen to anything he said.

[LibLieSlayer]

The man is correct... and there is not one person alive that can stop the world wide collapse that is coming. What we had better do is admit that our leaders have screwed up everything that came before them... and we need to start to rebuild NOW!

LLS

[blasater1960]

Why havent more people asked the following:?

The Fed has "lent" 7.77 Trillion to various global entities. Where did that money come from? That is 2x the entire Chinese enconomy. The Fed has that much capital available to loan???.

[Stentor]

Here's an interview of Kyle Bass by a typical BBC female buzzard.

HardTalk & Kyle Bass 1 of 2 on The Global Economy & Finance Situation - BBC Interview

The whole interview is golden.

[ProtectOurFreedom]

"There is no savior large enough with a magical pool of capital to stafe off this unfortunate conclusion to the global debt super cycle."

I thought he meant "stave," but after reading the definition of "stafe," he may have chosen a better word:

Stafe

1. A revolting state of Vegan zombification
2. Used to describe one who is (or looks like) a zombie who has been around for countless milleniums.

[ProtectOurFreedom]

"There is no savior large enough with a magical pool of capital to stafe off this unfortunate conclusion to the global debt super cycle."

I thought he meant "stave," but after reading the definition of "stafe," he may have chosen a better word:

Stafe

1. A revolting state of Vegan zombification
2. Used to describe one who is (or looks like) a zombie who has been around for countless milleniums.

[Night Hides Not]

Kyle Bass was prominently featured in the CNBC documentary "A House of Cards". His hedge fund made something like 600% on bets against subprime loans. He did the research that Moody's/S&P/Fitch failed to do.

IMHO, the man knows what he's talking about.