Oct
9th
Fri
9th
Hayman October Letter Takes The Inflationist Side
Hayman October Letter (pdf) to investors (via ZeroHedge) is as usual very insightful. Its manager Kyle Bass is on the inflationist side, due to unsustainable debt levels and government incentive to print their way out of it.
He has bearish views on China due to an unsustainable path in credit expansion and proposes a doomsday scenario for Japan.
