Fear mongering, the global financial meltdown, revolutions, UFOs and the apocalypse...
Friday, November 18, 2011
Kyle Bass Interview: Why Would You Want to Own Paper Currency?
Hedge fund manager Kyle Bass schools a BBC anchor about his bold bets against the subprime mortgage market in 2007-08. He then gives everyone a tip that Japan's debt is his next asymmetric bet and scoffs at the idea of paper money.