Hayman Capital founder and CIO Kyle Bass is back. In this riveting conversation, he tells Raoul Pal exactly how, why, and when China’s economy will come unraveled. As China’s growth declines, Bass says that its currency is at the heart of a coming crisis. And with growth rates everywhere decelerating, he believes his China thesis is as relevant an investment thesis as any. Filmed on February 12, 2019 in New York.
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During the French Revolution, authorities in Paris turned to “a series of ventures in price-fixing and food control” to ensure people did not go hungry. It didn’t work as planned.
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Communist China is playing the long game. It is past time we started playing ours – and playing to win.
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Unfortunately, incentives without accountability are a poor basis for health governance. It matters because funds to finance the pharmaceutical corporations, research institutions, and bureaucrats who stand to benefit from the pandemic agenda will have to be diverted from programs that work.
