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Started By
Message
re: Kyle Bass' China Thesis
Posted on 2/15/16 at 10:29 am to LSURussian
Posted on 2/15/16 at 10:29 am to LSURussian
quote:
I've been saying that ever since I worked for the IMF as an adviser to the People's Bank of China (their central bank) in Beijing back in 2002/2003.
Ya, so have a lot of people since '08 but it never materializes. Is 2016 the year? PBC will just lower rates and continue the party IMO. These tail events seem to be near impossible to time, but Bass seems to be good at it, so maybe he's right.
quote:
The official response from the People's Bank of China about the situation was "it's no big deal."
They're still saying this quote:
Pair trade as follows: Short Louisiana/Short China/Long Medical Ganja
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