Kyle Bass Thrives On Deception

It’s easy to stab somebody in the back and take their money. The hard part is getting away without getting caught, and this is where Kyle Bass’ true talent lies. His Wall Street tactics are nothing short of cutthroat. They’re underhanded and exploitative to an astonishing level. Consider CAD, the Coalition for Affordable Drugs. This organization preys on the sympathies of individuals who are sick, as well as their friends and family. Through petitions, lawsuits, legislation, and any means necessary, Bass uses this pseudo-humanitarian group to force big-ticket pharmaceuticals into devaluing their medicine, decimating its cost on the market. The end result is a similar loss of stock value on Wall Street. When the drop hits, Bass short-sells his holdings and makes millions. Meanwhile, the pharmaceutical companies he’s hamstrung have to curtail funding to departments which don’t yield regular quantifiable ROI (Return On Investment), like R&D (Research and Development). Without R&D, cures and treatments of the successful kind just on the horizon may be indefinitely suspended. In the end, the sick Bass lets on to represent have been served worse than had they done nothing at all.

Useful Stooges just mentioned in their article, Kyle Bass The Frantic Investments of a Desperate Gambler,  is also involved with Cristina Fernandez de Kirchner. De Kirchner has given Argentina the double-default, economically, in only thirteen years. That’s impressively bad leadership–how can Bass support her? Yet he does.

With these things in mind, when Bass has said that China’s economy is headed for a collapse based on a debt-bubble implosion within the next three years, and that there’s a forty-to-fifty percent chance of that implosion happening in 2016, understand that he’s playing an angle. In a recent Bloomberg article, Bass was quoted saying that, should China devaluate their currency in a way that is “material”, Asian investment could be historically good. How can that be, if the Chinese economy will be forced into a buyout vis-a-vis 2008’s Great Recession between now and 2019? It can’t be, Bass is vacillating. What he’s really saying is: “China could do good or bad.” But what he’s making it sound like is: “You’d better pull out your investments.” Some people will, too; which may end up collaterally diminishing China’s economy.

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