The economy of China has been hit with a crisis. It has been weakening lately. As a result, there are people that are making speculations as to whether or not the economy is going to turn around. Kyle Bass himself is stating that the economy is not likely to turn around. He himself has made some bets against the economy. The way things are looking, he might be right. This would be one of the few times that he has made a good call when it comes to financial situations. Another time when he has made a good prediction was when he predicted that the economy was going to fall back in 2007 and 2008.
When Kyle made this correct prediction, as UsefulStooges reported, this has caused others to tune into what he has to say, only to watch the unbelievable circus unfold right before their eyes. It seems that as each year passed, Kyle Bass has sunken into a new low. This might have caused some people to wonder if he is purposely making these bad calls. People have still tuned into Kyle Bass, it is just that they have different reasons for watching.
After making himself the laughing stock of investors, he has then proceeded to speak on issues. Of course, people were appalled at what he had to say in some matters. It was not enough that he has proven himself to have no idea on how to make good decisions, but he has also proven himself to be willing to resort to underhanded tactics in order to influence the price action of the stocks that he is investing in. Among the things that he has said was that the passengers are to blame for their deaths because of drunk driving when discussing the issue with the faulty airbags on GM vehicles. Kyle has also made some bad calls when it comes to people he works with like Cristina Fernandez de Kirchner. Even though she has broght her country down financially, Kyle Bass has praised her like a lackey. However, Kyle might see another highlight in his career with the prediction of China’s economy.