Home Page : Archive News : February 2016 News : Bass: China bank crisis 5X worse than subprime | |
Bass: China bank crisis 5X worse than subprime | |
February 11, 2016 China's banks face a credit crisis with a potential hit 400% larger than U.S. banks' subprime losses, hedge fund boss Kyle Bass warned. Source: http://www.cnbc.com/2016/02/10/kyle-bass-china-banks-may-lose-5-times-us-banks-subprime-losses-in-credit-crisis.html |