Kyle Bass

Kyle Bass has given five reasons why Japan will default by 2016. We have posted several of his presentations/videos on the topic, here and here are two recent one. We have raised our doubts about this trade and note that the fund closes in a few months, which likely means that he will likely lose on this trade. In this video, five reasons are given as to why Kyle Bass is wrong about Japan, it gets a little bit into MMT. The video is 10 minutes, its short and interesting  watch, regardless of what your views are. The video is embedded below: