Hedge fund manager Kyle Bass has been intimately involved in studying the financial conditions of world governments. His intimate knowledge allows him to correctly allocate his clients assets so they will make money. His comments are brutally honest. The world has gone mad printing money in a effort to sustain a lazy bloated government sector. The private sector has been equally irresponsible. Which brings us to the bottom line, where did these governments and private institutions get all this cash?
Central banks.
The battle for the people is to force bankruptcy and put the too big to fail banks out of business. The battle for the elites is to have one more bail out, one more quantitative easing. Bass give the people hope that our governments will collapse and cease to exist in the near future. Hopefully without the war.
Here is the link to his interview explaining the financial conditions of Europe, Japan, China, and the USA.
http://www.youtube.com/watch?v=5V3kpKzd-Yw
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