Does anyone have any idea what 20 million nickels look like?

J. Kyle Bass of Hayman Capital does. The coins are wrapped and stacked on pallets at a Brink’s vault, and when his bank asked him why so many damn nickels, he simply responded, “I just like nickels.”

Truth be told, Kyle Bass likes making money, stupid amounts of money. Since his bet on the housing market and Europe’s sovereign debt crisis paid off, Hayman Capital has claims to have a ROI of 65,000%. Now, that number may be exaggerated just a tad, but at least we know who was on the other end of MF Global’s stick...

To WSO the man might be an anomaly. His hedge fund is in Dallas. He became Bear Stearns' youngest MD without an MBA , or degree from a target university, mind you. And besides a thorough understanding of the derivatives market, he interconnects it almost too brilliantly with global economics. Now isn’t that a novelty.

Many have already heard of his next short on Japan. With a grossly aging population and interest payments closing in on the amount of tax collections, Japan’s population-owned-debt model may cease to function. In fact, Bass is so sure that he reportedly financed his 40,000 sq ft Dallas abode in Yen in order to later pay back in dollars.

But the Japanese are certainly praying that one man cannot always be so right. Foreteller Peter Schiff has somewhat died out after his media rampage on the dollar’s impending collapse. Similarly, Meredith Whitney’s call on full out chaos in the municipal bond market proved false, even with the city of Harrisburg defaulting on its trash fueled debt. But let me ask you: Can golden boy Kyle Bass be right about Japan as the next big domino to fall?