“We Are Going To Kill The Dollar” – Investor Kyle Bass discloses his recent discussion with a senior Obama administrator

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“We Are Going To Kill The Dollar” – Investor Kyle Bass discloses his recent discussion with a senior Obama administrator

"We Are Going To Kill The Dollar" - Investor Kyle Bass discloses his recent discussion with a senior Obama administratorInvestor Kyle Bass discloses his discussion with a senior Obama admin about how this economic crisis is going to play out. The answer is to export our way out of this mess by making our exports cheaper by destroying the dollar in a global game of currency devaluation. This simply means that they are going to print more and more dollars until all of your purchasing power is destroyed and you will need more and more dollars to buy the same amount of goods. (ie. Massive Inflation.)

 

Hedge fund thesis for Spirit Airlines and AerSale, a recent SPAC merger

AirlinesPrescience Partners returned 6.75% for the second quarter, underperforming the S&P 500's 8.55% return but coming out ahead of the Barclay Equity Long/ Short Index's 2.62% return. However, for the first six months of the year, Prescience is up 30.66%, doubling the S&P's 15.25% return and smashing the Barclay Equity Long/ Short Index's 9.27% return. Read More


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