Yen to hit 200 vs. the dollar - Kyle Bass
ReutersVideo: "if there is no way out for them, there is no way out for the rest of us - unless we change the way we operate." "The insidious nature of a runaway inflation is that it
bankrupts the middle class... the poor stay poor, the middle class (with
savings in the banks) get wiped out, the wealthy (with productive
assets) do the best" Kyle Bass expects the Japanese yen to weaken significantly against the
dollar and says that this is the riskiest time for an investor to be
complacent about the markets. Source
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