America'S Super Big Kyle Bass Subprime Mortgage Crisis Is Coming To China.

Kyle Bass, a hedge fund manager who has accurately predicted the US subprime mortgage crisis, said: "the world is facing the biggest macroeconomic imbalance in history."

Bass said in an interview that investors had better be prepared for China's crisis.

The imminent crisis in China will be very similar to the subprime mortgage crisis in the United States.

Bass pointed out that "when I observe what is happening in China, it is found that what is happening in China is 2 times, 3 times or even 4 times that of the United States that year."

Because of the successful subprime mortgage crisis and the first World War, its recent investments were not very successful.

Huge bets on crude oil led to a heavy loss of Hayman Asset Management Co's major funds this year. According to the latest Wall Street journal reports, current assets managed by Hayman asset management fell from $2 billion 300 million at the end of 2014 to $770 million in May this year.

The following are the main points of Bass:

The Central Bank of China will take the same measures as the Federal Reserve.

China will have to accept the depreciation of the renminbi.

When the Chinese crisis breaks out, the Chinese government's countermeasures will be

The response measures were similar.

Bass said, "China's central bank's balance sheet will expand significantly.

The Central Bank of China will sharply reduce the reserve requirement ratio.

The PBoC will cut its benchmark interest rate to zero.

The Central Bank of China will mimic all the moves of the Federal Reserve in the subprime crisis.

Impact? You'd better get ready.

In the next two years, the world will be in the middle of this crisis.

If you want to pretend that this has not happened, then yours.

It will suffer heavy losses.

Bass said that three years ago, the words of a world's top central bank governor made him "three senses collapse".

Bass said a top central bank governor has privately stated that "the only condition for effective quantitative easing is that only one country will implement the policy."

Bass is shocked that the fate of everyone in the world is not closely related. Now the Federal Reserve and the US Treasury are trying to hope that other countries will not depreciate the US dollar, but the Fed itself is devaluing the US dollar.

Therefore, we are competing for "worse", and this beggar thy neighbour policy has no way out.