Kyle Bass has chosen to focus on the eminent collapse of the Chinese economy as he offers advice to investors. He is not the investor with the highest success rate, and his focus on China is not well thought-out in any sense of the word. This article explains how Kyle has chosen the wrong place to make a priority in a world filled with money-making opportunities.
#1: China Does Not Appear To Be Collapsing
Kyle has chosen to predict that China will lose its currency value will taking out the American dollar at the same time. He is heavily-invested in his prediction, and he will make quite a lot of money if he is correct. There are several people who may follow Kyle’s lead, but they do not have evidence that will prove the downfall of China will happen any time soon.
#2: Kyle Tends To Make Reckless Choices
Kyle has proven himself to be quite reckless, and there are several people who will follow the lead Kyle has provided. Betting on Chinese currency value loss is a risky proposition that may lose Kyle money, and he is one of few people who can afford to bet on the Chinese economy safely. His plan for investing has been consummated, and it will not come to fruition until the Chinese yuan falls or recovers.
#3: Why Would China Collapse?
China may be in a weak position with their currency, and they are currently seeking solutions to their problems. The currency may be further regulated by the Chinese government, and it may rise in value while other investors are betting against it. One side of the equation will be incorrect, and that side may likely be Kyle’s. The Chinese collapse theory must be based on better intelligence gathered from several reputable financial institutions.
Kyle Bass’ predictions are not proper for the viewing public in most instances. There are analysts who have compared him to the poker players of old who sat at the table with six shooters on their hips, and Kyle will use that philosophy continually even if he loses everything. Check out UsefulStooges article for more reading, which you can find at: https://usefulstooges.com/2015/08/24/kyle-bass-the-frantic-investments-of-a-desperate-gambler/.