{"id":180231,"date":"2010-01-14T07:46:54","date_gmt":"2010-01-14T12:46:54","guid":{"rendered":"http:\/\/www.businessinsider.com\/kyle-bass-i-dont-see-how-japan-has-a-way-out-2010-1"},"modified":"2010-01-14T07:46:54","modified_gmt":"2010-01-14T12:46:54","slug":"kyle-bass-i-dont-see-how-japan-has-a-way-out","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/180231","title":{"rendered":"Kyle Bass: I Don&#8217;t See How Japan Has A Way Out"},"content":{"rendered":"<p>Kyle Bass is one of a growing number of investors betting on a collapse of the hedge fund market.<\/p>\n<p>David Faber caught up with Bass before the Hayman Capital founder testified at yesterday&#8217;s crisis hearings. In the first part, Bass talks about some of his reform proposals (<a href=\"http:\/\/www.businessinsider.com\/kyle-bass-bring-back-glass-steagall-eliminate-off-balance-sheet-assets-and-cap-leverage-at-10x-2010-1\">which we covered yesterday<\/a>) though in the final two minutes he gets to Japan.<\/p>\n<p>As he sees it, the country is a canary in the coalmine for what will happen here, and that at this point, there&#8217;s no way out.<\/p>\n<p>*The fact that both the <a href=\"http:\/\/www.businessinsider.com\/german-president-angela-merkel-just-dropkicked-the-euro-2010-1\">Euro breakup<\/a> and the Japan collapse are getting so much attention these days, supports our contention that <a href=\"http:\/\/www.businessinsider.com\/with-the-us-spending-the-euro-crumbling-and-japan-debauching-its-hard-not-to-like-gold-2010-1\">there are no paper currencies<\/a> that anyone can possibly like right now. It&#8217;s a very strange time.<\/p>\n<p>** For a counterpoint on the Japanese hyperinflation scenario, <a href=\"http:\/\/www.businessinsider.com\/heres-what-will-trigger-japans-hyperinflationary-fiasco-2010-1\">see here<\/a>.<\/p>\n<p>\n<object id=\"cnbcplayer\" classid=\"clsid:D27CDB6E-AE6D-11cf-96B8-444553540000\" width=\"400\" height=\"380\" codebase=\"http:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=9,0,0,0\"><param name=\"type\" value=\"application\/x-shockwave-flash\" \/><param name=\"allowfullscreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><param name=\"quality\" value=\"best\" \/><param name=\"scale\" value=\"noscale\" \/><param name=\"wmode\" value=\"transparent\" \/><param name=\"bgcolor\" value=\"#000000\" \/><param name=\"salign\" value=\"lt\" \/><param name=\"movie\" value=\"http:\/\/plus.cnbc.com\/rssvideosearch\/action\/player\/id\/1384391160\/code\/cnbcplayershare\" \/><embed type=\"application\/x-shockwave-flash\" width=\"400\" height=\"380\" src=\"http:\/\/plus.cnbc.com\/rssvideosearch\/action\/player\/id\/1384391160\/code\/cnbcplayershare\" name=\"cnbcplayer\" pluginspage=\"http:\/\/www.macromedia.com\/go\/getflashplayer\" allowfullscreen=\"true\" allowscriptaccess=\"always\" bgcolor=\"#000000\" quality=\"best\" wmode=\"transparent\" scale=\"noscale\" salign=\"lt\"><\/embed><\/object>\n<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/kyle-bass-i-dont-see-how-japan-has-a-way-out-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/heres-what-will-trigger-japans-hyperinflationary-fiasco-2010-1\">Here&#8217;s What Will Trigger Japan&#8217;s Hyperinflationary Fiasco<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/german-president-angela-merkel-just-dropkicked-the-euro-2010-1\">German President Angela Merkel Just Dropkicked The Euro<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/with-the-us-spending-the-euro-crumbling-and-japan-debauching-its-hard-not-to-like-gold-2010-1\">With The US Spending, The Euro Crumbling, And Japan Debauching, It&#8217;s Hard Not To Like Gold<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/5Kb23e4P0Hk\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kyle Bass is one of a growing number of investors betting on a collapse of the hedge fund market. David Faber caught up with Bass before the Hayman Capital founder testified at yesterday&#8217;s crisis hearings. In the first part, Bass talks about some of his reform proposals (which we covered yesterday) though in the final [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-180231","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/180231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=180231"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/180231\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=180231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=180231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=180231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}