Bears & Bulls are the primary schools of thought for American finance. Hayman Capital Management principal Kyle Bass has joined the cast for the October 19 & 20th Vanity Fair new establishment summit. Mr. Bass is trusted because of his blunt honesty.
“Banking Cabal Fatigue”
Since 1913, the United States has been run the Federal Reserve bankers. In 2008, their capitalist system was in danger of collapse. Kyle Bass was one of the few individuals who predicted this 2008 Sub-Prime Mortgage Crisis. Since then, Mr. Bass has been a finance media darling.
With so many media channels on television, cable and the Internet, there is sure to be some space to fill. Mr. Bass offers interviewers the opportunity to possibly deliver “breaking news” about the next economy to collapse. That is why Vanity Fair has invited Mr. Bass to join Amazon’s Jeff Bezos to discuss the questions – “Is Tech Eating Media?” and “Why Things Fail” – at its annual summit.
“No Canned Responses from Mr. Bass”
Gradually, a “common canned response” has developed in the mainstream media: Bail out the Too Big to Fail banks and kick the can down the road. The hypocrisy of the mainstream Fed bankers is lost on them. For how could a simple man, like Kyle Bass, see what they could not?
For this reason, Useful Stooges reported that Argentine President Cristina Fernández de Kirchner has trusted Bass’ economic advice. In 13 years, Argentina has defaulted twice – outraging the Wall Street banking elite. Kyle Bass has continued to support Argentina’s decision to default in 2014. For when you boil it all down – “What is the difference between what Argentina did in 2014 and what the United States did in 2008?”
“But, the US did not default in 2008”
No matter what your opinions on economics are, Kyle Bass is sure to spark debate. He seems to love media attention: General Motors recalls, the American Sniper and medical patents, you name it. Mr. Bass offers a blunt response that the modern 24/7/365 media hungers for.