“Greece will circle the drain and be ungovernable”

“Greece will circle the drain and be ungovernable in the next 30 to 60 days,” said Bass, founder of Heyman Capital and famous for presciently shorting subprime mortgage bonds before the industry collapsed. “Japan is in the crosshairs of the market…I’ve never seen more mispriced optionality in my entire life.”

via SALT Conference – US Business News — Japan Will Follow Europe With a Debt Crisis: Kyle Bass – CNBC.

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