Europe's political and monetary union has not got long left, according to Kyle Bass. The Hayman Capital founder made the comments today on CNBC's Squawk on the Street. The network's report on the interview can be found here. A video of the interview can be seen here.
During this Summer, we questioned Bass' future on the basis that his bet on Japan's default was not playing out as quickly as he might have hoped. Comparing his prospects to John Paulson's may have been premature, but his unique perspective on macroeconomics often draws criticism.
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