The interviewer’s approach says much about the progressive-leftist-marxist-liberal-socialist attitude regarding capital markets. Mr. Bass does an excellent job of explaining why he did what he did, and continues to do. It becomes ever more obvious as the interview proceeds that governments are responsible for the world’s financial messes, not Wall Street. But the BBC babe just doesn’t want to hear/believe it. She’s got a point she wants to make stick. (If she were in court, I believe she’d be declared a “hostile witness”) But Bass is unflappable. He’s the adult in the room.
IMHO, the following is excellent:
Kyle Bass Interview With BBC On European Debt Mess – Part 1
Kyle Bass Interview With BBC On European Debt Mess – Part 2
(The first 5:11 completes the interview. Balance of the 20:36 clip is BBC class warfare propaganda. Interesting but not enlightening.)
Hat Tip: Gary S.