Kyle Bass On China ” largest macro imbalance in global history”

Updated on

Real Vision co-founder, Grant Williams, recently sat down with Kyle Bass, founder and CIO of Hayman Capital Management, to get his take on sizing positions, China and the appeal to hold gold.

Also see

China’s $34 Trillion Experiment Is Blowing Up – Kyle Bass –

Bass shares his views on the importance of having conviction on a thesis and the core process behind this, stating, ““Its easy to maintain a conviction, its harder to maintain investors.”

Bass and Williams go on to discuss the credit growth in China and how China’s many bad loads will overwhelm the US monetary policy. Kyle compares the GFC to the current Chinese NPL crises rolling over and warns over the cognitive dissonance of participants.

“China are so far ahead of the world’s excesses in prior crisis, we are facing the largest macro imbalance in global history and to this day I cannot understand why people don’t see it for what it really is.  When I look at what’s happening now in China, the amplitude is 2-5 times what it was in the US.  The parallels are similar but the imbalances are much larger in China”, says Bass.

Williams questions Bass on the appeal to hold gold, why he believes the US rates are going down and also his views on Japan.

Also see

China: The Next Crisis – Kyle Bass


Real Vision is the world’s only video-on-demand channel for finance, where the world’s best investors share their ideas; in essence, we are the Netflix of Finance.

Our content features exclusive in-depth interviews and presentations from the world’s sharpest independent analysts, fund managers, geopolitical strategists, economists and investors. Fresh content is released several times each week and subscribers also have access to our ever-expanding video vault. Free from groupthink, agenda, and sensationalism, Real Vision presents its viewers with the very best economic information and financial insight available and then allows them to make up their own minds, and profit from knowledge.

Leave a Comment