Does Kyle Bass have it right? Jesper Koll responds to Bass's prediction of impending financial meltdown in Japan
Last month on CNBC, Kyle Bass, founder of Hayman Capital Management, predicted Japan would face financial meltdown within the next 18 to 24 months. He was responding to Prime Minister Abe’s attempt to end the country’s two-decade old slump by targeting a 2% inflation rate. Bass is credited with having correctly predicted the subprime mortgage debacle th…