Sunday, December 9, 2012

Kyle Bass says Japan will go ballistic in 12 to 18 months


I'm not saying that I am smarter than Kyle Bass, but I disagree.  He has been wrong before on Japan.  I think Japan will succeed in devaluing its currency to may 100 yen to the dollar, but that doesn't mean the debt bomb is going to go off.

See also: The Yen as a reserve currency

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