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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
 
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