DailyMarkets.com - Kyle Bass, Japan Did Not Allow A Forest Fire To Clean The Dead Wood

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Kyle Bass, Japan Did Not Allow A Forest Fire To Clean The Dead Wood Posted: 07 Apr 2013 06:12 PM PDT Kyle Bass Tv. News flash. Mr Bass did not say these exact words ..”Japan did not allow a forest fire to clean the dead wood”, but in a more simple terms: Japan failed to let those who should fail, fail, they bailed them out. Now they are in the end game. A great game to watch. But unlike football the outcome may mean millions will suffer when the home team loses. Argentina 1990s rinse and repeat. (Remember Argentina was saved by the US Fed, there will be no saving of Japan) Kyle Bass quote … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

A Time Bomb In The Canadian Financials? Posted: 03 Apr 2013 12:03 AM PDT In my recent post about the Vancouver property market (see Is the secular bull market in Vancouver RE over?), I speculated out loud that a couple with 200K in annual income and 20% down payment could afford a house in the $1.0-1.2 million range, when Vancouver westside houses that aren’t falling apart are trading at $2 million and up. These calculations suggested that the clearing price, in the absence of foreign buyers, would be substantially lower from current levels. I have since had … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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