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US May Need a Recession to Rebuild Foundation, Bass Says
Posted
April 10, 2025
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7:35Now PlayingDallas 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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