News Link • Government Debt & Financing

Kyle Bass Slams Japan, Muni's, And Compares The US To Zimbabwe

02-16-2011 • BusinessInsider.com/

Kyle Bass is on CNBC, and of course he's talking about Japan being doomed. We'll cover live. He doesn't know what, exactly, will set off Japan. It will just happen in the next few years. In Greece, for example, there wasn't one catalyst like a failed auction. It doesn't surprise Kyle Bass that stocks are doing well despite the high debt rates because... Zimbabwe! Okay, we're not technically hyperinflating, but Bernanke is printing a lot of money. On the Fed's Zero Interest Rate Policy: When you understand how these heavily indebted Western government have entered the zero-bound, you get into these problems where expensive permanently grow faster than revenues. As for state and muni finances, Bass seems to be in the Meredith Whitney camp.

Join us on our Social Networks:

Share this page with your friends on your favorite social network:

Freedoms Phoenix

Online Magazine

Join-Us

Newspaper

Phone Apps

Declare Your Independence with Ernest Hancock

Live Broadcast

Declare Your Independence

MENU

Kyle Bass Slams Japan, Muni's, And Compares The US To Zimbabwe

FreedomsPhoenix.com

Live Broadcast

MENU

Current News | Contents By Subject

Additional Related items you might find interesting:Related items:

FreedomsPhoenix.com