Kyle Bass is commenting on the economy of China in saying that it is not going to have a Lehman moment. China right now is at a very weak and alarming state. As a result, there is a lot of unrest in China. It was to be expected with all of the loans that were being given out. Now, there are certain issues at play like the negative interest rates that are plaguing the world economies. The last ten years have been filled with at least one economy having problems. Kyle Bass himself has spoken on the recession that the United States is recovering from
Kyle Bass is someone who has made a lot of headlines, including controversial ones in his UsefulStooges article, Kyle Bass The Frantic Investments of a Desperate Gambler. However, they were not necessarily for good reasons. After his rise to fame with the correct prediction of the economic downturn of 2008, he has made a lot of bad calls. Right after the economic downturn that he has correctly predicted, many people have tuned in so that they can hear what he has to say. Then they became disillusion when he has made a lot of fumbles. Kyle Bass has lost a lot of credibility with people. Any touch he may have had was gone has soon as he received it.
Kyle Bass has recently not only been making false predictions, but also making the same exact false predictions each year. One common prediction he has made is about the economy of Japan. He has also been involved in unethical practices when it comes to the medical industry. He has challenged patents in the medical industry. He has also made a few thoughtless remarks about the auto industry. He has talked about the deaths that have been caused by faulty vehicles by blaming the passengers. Kyle Bass is someone that has been involved in a lot of interesting activities as an investor.