Kyle Bass On European Debt

Another great interview from one of my favorite people in the financial spectrum: Kyle Bass.  He made his name as one of the legendary short sellers of subprime debt a few years back.  I could sit and listen to him discuss the markets for hours.  Sorry, I know that sounds strange.

The interview below is regarding the European debt crisis and begins 2:30 into the clip.  Poor David Faber (who I like) does his best to "cheerlead" the markets for his network during the discussion, but Kyle comes relentlessly back with something CNBC always struggles with; common sense.