Michael Zomber is a talented and gifted man who has a wide array of interests. His experiences both good and bad have led him to the place he is today. He has learned a great deal from the past and looks forward each day to a bright future that is filled with happiness.
Creativity in Life
The creative thought process allows Michael Zomber to reach great heights in both his personal and business life. His book entitled Shogun Iemitsu: War and Romance in 17th Century Tokugawa Japan was published in 2009, according to Barnes and Noble, with great fanfare. He is a born story teller having written many novels and screen plays including Sweet Betsy That’s Me, Soul of Samurai, Son of Kentucky, Park Avenue, and Jesus and the Samurai. His historical background has led him to write stories that encompass a wide array of topics.
As a renowned historian, Michael Zomber has become involved in a mission to foster peace around the world. He supports many organizations including UNICEF, Amnesty International, Doctors Without Borders, and Global Exchange. He has appeared on the History Channel numerous times as a guest historian. Soul of the Samurai is a documentary produced by Michael and his wife Andrea by Renascent Films LLC, an independent film company that they own.
The Path to Success
Michael received a degree in English Literature and Psychology, and then later attended UCLA where he got a masters in English Literature. It was during this time that he discovered his talent for writing and his love for the Japanese culture. After graduating, he began collecting antique arms including guns and swords. This interest started out as a hobby but has become a huge part of his life on which he has based many of his literary works. Michael Zomber has a bright future as an author, director, historian, philanthropist, and antique collector, but his real joy is spending time with his family in Philadelphia.
The Chinese are a proud people. Most of the information that comes out of China is structured so the Chinese don’t lose face with the rest of the world. The Chinese economy was once the largest in the world, and the Chinese leaders want to hold that position again. But the Chinese manufacturing based economy started to stall a few years ago, and the government had to scramble to keep their Growth Domestic Product percent up to the new normal which was between six and ten percent. The Chinese government has been dipping into their massive cash reserves for more than 18 months, and investors like Kyle Bass say that’s a sign that there is something rotten in the Chinese economic figures. Kyle Bass is sure that China is going to hit an economic wall similar to the wall the U.S. hit in 2008, and he is betting millions of dollars that will trigger a massive devaluation of their currency.
Kyle Bass isn’t the only hedge fund investor that has millions riding on a Chinese economic meltdown, according to UsfulStooges. Several big hedge funds have placed the same bet, and they are just waiting for the hammer to fall on the Chinese banks. Kyle Bass thinks the Chinese banks have a huge amount of bad debt on their books, and the government will be forced to erase the debt using capital reserves. The Chinese are formidable foes, so Bass has a fight on his hands, but Bass is used to fighting.
But there have been other questionable bets that have left a very bad taste in the mouths of investors. When he sided with GM over the faulty steering mechanism situation, he lost credibility. When he sided with former Argentina President Cristina de Kirchner, he lost more credibility when she defaulted on her debt bonds. Chris Kyle’s widow claims the Bass hedge fund, Hayman Capital, is unethical, and some of the drug companies agree with her because Hayman Capital is betting against their stock using what some of them call, “inside information.”