Crazy world
Kyle bass sees the Chinese government crushing the house prices in China, this is what Michael Hudson advocates and he lectures in China and his books are widely read.
High house prices and high land prices are a curse on a people and economy as they take resources away from life and give it to the banks. A lot of the dissappearing social structures can be put down to this.
Of interest is Kyle forming an investor group that looks distinctly military in its objectives and structure.
