{"id":210534,"date":"2010-01-21T20:11:00","date_gmt":"2010-01-22T01:11:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/kyle-bass-is-so-bearish-on-japan-he-financed-his-home-in-yen-2010-1"},"modified":"2010-01-21T20:11:00","modified_gmt":"2010-01-22T01:11:00","slug":"kyle-bass-is-so-bearish-on-japan-he-financed-his-home-in-yen","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/210534","title":{"rendered":"Kyle Bass Is So Bearish On Japan, He Financed His Home In Yen"},"content":{"rendered":"<p>We knew that Dallas-based Kyle Bass was <a href=\"http:\/\/www.businessinsider.com\/kyle-bass-i-dont-see-how-japan-has-a-way-out-2010-1\">bearish on Japan<\/a> and the yen, but boy, this takes it to an extreme degree.<\/p>\n<p><a href=\"http:\/\/www.forbes.com\/forbes\/2010\/0208\/debt-recession-worldwide-finances-global-debt-bomb.html\">Forbes reports<\/a>:<\/p>\n<p style=\"padding-left: 30px;\">The Dallas hedge fund manager (no relation to the famous Bass family of Fort Worth) is so convinced the Japanese government&#8217;s profligate spending will drive the nation to the brink of default that he financed his home with a five-year loan denominated in yen, which he hopes will be cheaper to pay back than dollars.<\/p>\n<p>We&#8217;d love to know when he financed his home.<\/p>\n<p>Whenever it was, that&#8217;s the very definition of going all-in.<\/p>\n<p>Of course, Bass&#8217;s trade has been crowded for years, and still is, as a Morgan Stanley survey recently revealed:<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4b58cb7500000000004f4a84\/yen.png\" border=\"0\" alt=\"yen\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/kyle-bass-is-so-bearish-on-japan-he-financed-his-home-in-yen-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\/kyle-bass-i-dont-see-how-japan-has-a-way-out-2010-1\">Kyle Bass: I Don&#8217;t See How Japan Has A Way Out<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/kyle-bass-bring-back-glass-steagall-eliminate-off-balance-sheet-assets-and-cap-leverage-at-10x-2010-1\">Kyle Bass: Bring Back Glass-Steagall, Eliminate Off-Balance Sheet Assets, And Cap Leverage At 10X<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/kyle-bass-betting-big-on-a-collapse-of-the-japanese-bond-market-2009-12\">Kyle Bass Betting Big On A Collapse Of The Japanese Bond Market<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/PYJpdFU7BiY\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We knew that Dallas-based Kyle Bass was bearish on Japan and the yen, but boy, this takes it to an extreme degree. Forbes reports: The Dallas hedge fund manager (no relation to the famous Bass family of Fort Worth) is so convinced the Japanese government&#8217;s profligate spending will drive the nation to the brink of [&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-210534","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/210534","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=210534"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/210534\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=210534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=210534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=210534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}