The Beginning Of The End

Respected investor Kyle Bass thinks that the end is at hand for Japan. He forecasts financial collapse and a massive devaluation of the yen.

We believe that Japan is teetering on the precipice of financial collapse and any number of data points or events in the coming weeks or months could be the tipping point….

…What we do know is that when it does break loose, 20 years of suppressed spring-loaded interest rate volatility on the back of the largest peacetime accumulation of sovereign debt will afford no time to readjust portfolios to get out of the way

This is important to watch as it will show how the US will collapse – in about ten years on its current trajectory.

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