Relevant:
- Bass Says China Bank Losses May Top 400% of Subprime Crisis
- Kyle Bass Shares The "Stunning" Thing A Central Banker Once Told Him
- Hayman Capital's Bass: China's real problem is its banking sector
- Kyle Bass Warns on Japan; Financial Market Instability
- China's fresh boom nears peak just as amateurs pile in
2016-01-05 — zerohedge.com
``"Given our views on credit contraction in Asia, and in China in particular, let's say they are going to go through a banking loss cycle like we went through during the Great Financial Crisis, there's one thing that is going to happen: China is going to have to dramatically devalue its currency... we think it's going to be in the next 12-18 months."''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
