HardTalk & Kyle Bass 2 of 2 on The Global Economy & Finance Situation – BBC Interview
Published on Oct 6, 2015
HardTalk & Kyle Bass 2 of 2 on The Global Economy & Finance Situation – BBC Interview, recorded 15.11.2011 & Contemporary Related News Background
Kyle Bass is a hedge fund founder who saw the financial crisis coming and made a fortune from it – first from America’s sub-prime mortgage crisis and then from betting that Greece would default.
Mr Bass told Sarah Montague that Germany cannot be expected to bail out the PIIGS countries – Portugal, Ireland, Italy, Greece and Spain, and that only a massive write-down in those countries’ debts will solve the crisis. .
