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Predaceous Stink Bug
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http://www.marketwatch.com/story/fi...k-negative-2012-05-22-5911734?dist=beforebell
Now...let's review what Kyle Bass said about Japan at AC2011:
http://www.youtube.com/watch?v=5V3kpKzd-Yw#t=1882s
May 22, 2012, 5:18 a.m. EDT
By William L. Watts
FRANKFURT (MarketWatch) -- Fitch Ratings on Tuesday downgraded Japan to A+ and issued a negative outlook on the country's credit rating, citing rising public debt levels. Japan's long-term foreign rating had stood at AA and its local currency issuer default rating was previously at AA-. "The downgrades and negative outlooks reflect growing risks for Japan's sovereign credit profile as a result of high and rising public debt ratios," said Andrew Colquhoun, head of Asia-Pacific sovereigns at Fitch, in a news release "The country's fiscal consolidation plan looks leisurely relative even to other fiscally-challenged high-income countries, and implementation is subject to political risk," he said.
Now...let's review what Kyle Bass said about Japan at AC2011:
http://www.youtube.com/watch?v=5V3kpKzd-Yw#t=1882s