Posted: 2/12/2013 11:17:27 PM
QUOTE Originally Posted by wallstreetcappers:
Also, if you listen to Kyle Bass, he thinks the Yen is going to implode within 18 months..
That introducing inflation will lead to the destruction of the currency. I guess they have a huge debt vs central bank receipts ratio which if rates go up even marginally will sink their economy and force the country into BK.
He also thinks that as countries teeter in that direction usually war comes on..meaning maybe China vs Japan.