"If you take a blank piece of paper and look at it, that's the current plan Europe has," Kyle...

|By:, SA News Editor

"If you take a blank piece of paper and look at it, that's the current plan Europe has," Kyle Bass - right as rain on all things EU for the last year - tells CNBC's David Faber. "The grease is being withdrawn" from the gears of global liquidity, he adds, saying the recent central bank swap facility action amounts to an airbag for the inevitable fall.