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The Second Subprime Bubble Is Bursting, Gundlach Warns

zerohedge.com / by Tyler Durden on 01/24/2014 14:05 -0500

Back in the years just before the previous housing bubble burst (not to be confused with the current, even more acute one), one person did the math on subprime, realized that the housing – and credit bubble – collapse was imminent, and warned anyone who [...]

Kyle Bass Warns When “Everyone Is ‘Beggaring Thy Neighbor’… There Will Be Consequences”

zerohedge.com / by Tyler Durden on 12/05/2013 15:32 -0500

“There are going to be consequences to central bank balance sheet expansion all over the world,” Kyle Bass tells Steven Drobny in his new book, The New House of Money, adding “It’s a beggar-thy-neighbor policy, but everyone is beggaring thy neighbor.” The Texan [...]