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Kyle Bass Warns "All Hell Is About To Break Loose" In China
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Kyle Bass Warns "All Hell Is About To Break Loose" In China
"China's credit system expanded "too recklessly and too quickly," and "it's beginning to unravel," warns Hayman Capital's Kyle Bass.
Crucially, Bass notes that ballooning assets in Chinese wealth management products are another sign of a looming credit crisis in the nation. ..."
http://www.zerohedge.com/news/2017-05-03/kyle-bass-warns-all-hell-about-break-loose-china
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