J. Kyle Bass thinks the government of Japan has mismanaged its finances to breaking point. He says the country will be the first developed nation to experience financial meltdown. In an exclusive interview with Beacon Reports, Kyle explains why Japan has moved into a position of 'checkmate'.
Kyle Bass is Managing Partner at Hayman Capital Management, LP. He is credited with having correctly predicted the subprime mortgage crash of 2007, and in doing so earning $500 million for his firm. The Financial Times recently reported that Kyle' $1.5bn hedge fund has averaged after-fee returns of 25% a year since 2006.