KYLE BASS: 'We are facing the largest macro imbalance in global history'

[Sanguine]

"We are facing the largest macro imbalance in global history."

That's according to Kyle Bass, founder of hedge fund Hayman Capital Management.

Investors better prepare for a Chinese crisis that will mimic what happened in the US mortgage crisis, Bass said in a Friday interview with Real Vision Television.

"When I look at what's happening now in China, the amplitude of what's happening is two, three, or four times what happened in the US," he said.

Here are Bass' main points: ...


http://www.youtube.com/watch?feature=player_embedded&v=muHaeTOFYDs

http://www.businessinsider.com/kyle-bass-china-devaluation-yuan-2016-7