Kyle Bass: “This Ends in War; The Government’s Never Going to Tell You That It’s Going To Happen.”!
[youtube=http://www.youtube.com/watch?v=JUc8-GUC1hY]
- Kyle Bass: “This Ends in War; The Government’s Never Going to Tell You That It’s Going To Happen.”!
by Tekoa Da Silva, http://bullmarketthinking.com/
In a follow up presentation to the AmeriCatalyst Group, Hayman Capital fund manager Kyle Bass shares thoughts on a number of key issues facing the world over the next few years. Among those that stood out, was the inevitability of a major war, escalation of food riots, and why the government’s job is to maintain confidence over truth. Excerpts are show here below:
–
5:00 – “This Ends In War”
“We sit today at the world’s largest peacetime accumulation of debt in world history…you know how this ends right? This ends through war… I don’t know who’s going to fight who, but I’m fairly certain in the next few years you will see wars erupt, and not just small ones…”
–
19:00 – “More Social Unrest”
“You’re going to see more social unrest. You saw HUGE riots in Greece, and you’re seeing HUGE riots in other parts of the world over food (and lack of food) and those are actually derivatives of the financial problems that we’re seeing. We’re exporting inflation to some other nations. Going forward it’s going to be a problem.”
–
24:00 – “They’re Not Going To Tell You”
“They’re not going to tell you [that a collapse is coming]. You’re going to have to see it for yourself. [During the Tequila crisis], the Mexican government affirmed they would not default, that they would not devalue, almost daily. The day after they said “we wont devalue,” they devalued by 60%. The government’s never going to tell you that it’s going to happen.
–
“Greece’s Yunker said recently, ‘When is becomes serious—you have to lie’. These guys are never going to tell you the truth, because they can’t tell you the truth. Their job is to promote confidence, not to tell you the truth.”
–
read more!
end