Posted on 04/19/2020 1:53:50 AM PDT by Vince Ferrer
This is a good interview with Kyle Bass, who is a hedge funds manager and has been studying China and its economy for years.
Kyle Bass: US & China Fallout & Recovery from COVID 19; Hong Kong Looming Banking Crisis | CCP Virus
Every word is golden.
I liked him better when he was with Insync.
Bump. Thanks for posting KB!
Bkmk Kyle Bass
Bkmrk
The first few minutes are very good.
He makes excellent points.
He lays out the argument why China is highly culpable for Coronavirus 19. Great perspective on the next steps for the world to hold the Communist Party responsible.
I'm going to listen to the rest of this interview by audio MP3. Download the MP3 here.
Thank you for posting this. Very informative.
Kyle is right on. My main takeaway is China is well aware that the West will be trying to pull their supply chains out of their economic house of cards when the crisis is over and there will be a further move afoot by the west not to honor their sovereign debt owned by China as a form of reparations. As we speak China is surreptitiously selling off US treasuries they own in anticipation of that occurring. China has also started a program to require exit permits for foreign companies there to leave with the ultimate goal of using the exit permit as a tool to hold them hostage with the threat to confiscate their assets and nationalize them when there is a mass exit for the doors. No American company has been able to repatriate their earnings there since 2016 and basically all that they earned in China since then is invested in China. They can kiss these last 4 years of earnings there and investments goodbye.Abe of Japan was well aware of this and that is why he announced a 2.5 billion dollar stimulus program where the Japanese government has agreed to pay all the costs of any Japanese company to move out of China trying to get ahead of the exit by other western nations and blunt Chinese confiscation of Japanese company assets. Smart move.
Yes, I agree. I watch most of The Epoch Times videos. The one with Kyle Bass is amazing, even his little dog helps out.
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