In the latest Hayman Capital Management newsletter, Kyle Bass states that quantitative easing will not lead to prosperity and will result in leading the American sheep to slaughter, exposes the fallacy of the European bank bailouts, and states that the Western debt crisis is likely to lead to all-out war.
How convenient for our bankster friends! Blame the Western financial collapse on WWIII, when in reality, it is the collapse of the Keynesian fraudulent Western fiat system that will likely instigate WWIII.
Hayman’s full MUST READ latest below:
Bass begins by dismantling the MSM/central bank belief that counterfeiting fiat will stimulate the economy:
The fallacy of the belief that countries that print their own currency are immune to sovereign crisis will be disproven in the coming months and years. Those that treat this belief as axiomatic will most likely be the biggest losers. A handful of investors and asset managers have recently discussed an emerging school of thought, which postulates that countries, as the sole manufacturer of their currency, can never become insolvent, and in this sense, governments are not dependent on credit markets to remain fiscally operational. It is precisely this line of thinking which will ultimately lead the sheep to slaughter.
Bass takes the ongoing global debt/fiat currency crisis to it’s logical conclusion, and states that when all is said and done, ware is likely inevitable:
Trillions of dollars of debts will be restructured and millions of financially prudent savers will lose large percentages of their real purchasing power at exactly the wrong time in their lives. Again, the world will not end, but the social fabric of the profligate nations will be stretched and in some cases torn. Sadly, looking back through economic history, all too often war is the manifestation of simple economic entropy played to its logical conclusion. We believe that war is an inevitable consequence of the current global economic situation.
Full Scribd file: