US May Need a Recession to Rebuild Foundation, Bass Says

US May Need a Recession to Rebuild Foundation, Bass Says

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For your information, you can find below the description of the video US May Need a Recession to Rebuild Foundation, Bass Says published by the Youtube channel Bloomberg Television:

Dallas investor Kyle Bass said the US may need to undergo a “brief recession” as it rethinks its global trade ties and attempts to rein in the federal budget deficit. Bass, founder of Hayman Capital Management, says some short-term pain will help the economy become stronger. He speaks on "Bloomberg Open Interest."
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