• Economic Apocalypse 101 with Kyle Bass
    V - Economics

    Economic Apocalypse 101 with Kyle Bass

    Kyle Bass is a Texas hedge fund manager who predicted the U.S. subprime housing crisis and made millions from being right in his predictions. He is now betting on the collapse of entire countries in Europe. Many of his predictions are frightening, but as you’ll see in this interview on the BBC’s Hardtalk, they make complete sense when he explains his reasoning. Among other things, he predicts that: The European Union will collapse The Japanese economy will also collapse due to its high level of debt and a shrinking population base, which is unable to service that debt due to its aging demographic and xenophobic immigration policy Governments around the…