Kyle Bass Not The Only One At SALT To Say China Bigger Problem Than Subprime

Kyle Bass Not The Only One At SALT To Say China Bigger Problem Than Subprime May 13, 2016 By Steve Blumenthal “Invest in good companies, don’t use leverage, invest in liquid investments, don’t do private deals and light a candle and pray for a positive outcome.” -Leon Cooperman, Omega “Debt drains away vital resources from economic growth. Fighting a debt crisis with more debt is doomed to failure, yet that is not only what global central banks did during the crisis but long after markets stabilized (though the crisis never truly ended, just slowed). This was an epic policy failure…