You spring load your economy, you can pretend that you can borrow forever and you can’t. This has never happened," he added."The entire operation of the Chinese Communist Party and what they're running in China is being funded by Wall Street," Bannon told CNBC's Brian Sullivan on Thursday."Corporate America today is the lobbying arm of the Chinese Communist Party and Wall Street is the investor relations department," he said, calling China "the most significant existential threat that we have ever faced.""They open a market to very specific people to basically court influence with that person and going ... into the presidential office to actually change policy," said Bass.The U.S. and China, the two largest economies in the world, were engaged in a tariff fight that threatened to derail global economic growth. Steve Bannon and Kyle Bass discuss America’s current geopolitical landscape regarding China. Bannon and Bass take a deep dive into Chinese infiltration in U.S. institutions, China’s aggressiveness in the South China sea, and the potential for global conflict in the next few years. A 1% move in their cost of … A 1% move in their cost of capital throws another $10.5 trillion to that number. Mr. Bass is the former Chair of the Risk Committee of the Board of Directors of the … Their interest expense is 25% of their revenue. They controlled the 08 event by making money out of thin air. Filmed on October 5, 2018 at an undisclosed location. A 2% move puts them out of business. Kyle Bass sits down with infamous Chinese businessman Guo Wengui, also known as known as “Miles Kwok,” to hear a series of shocking accusations and predictions revolving around the Chinese government. What you do is you back President Trump."Got a confidential news tip? And what’s going to happen is the market’s going to see this.You get to this endpoint. Today we sit down with Kyle Bass, the Founder and Chief Investment Officer of the Hayman Capital Management hedge fund, and a founding member of the Committee on the Present Danger: China. They play it better than anybody else," Bass told CNBC's Sullivan.When asked if he would tell U.S. companies to stop doing business in China, Bannon replied: "No. Kwok provides his perception of the backstory behind several recent high-profile news items, and touches on the Chinese government’s management of the economy. Global Business and Financial News, Stock Quotes, and Market Data and Analysis.In addition to Bannon and Bass, other members of the group include fervent supporters of Trump, fellows from conservative think tanks, and former defense and intelligence officials.The Committee on the Present Danger was first established in the 1950s — during the cold war era — to warn President Harry Truman's administration of the influence of communism in the U.S.
The Dallas based hedge fund manager came into the limelight when he successfully predicted the US subprime crisis where he effectively betted against it and bought the shares of credit default swaps whose value increased during the real estate bubble burst. This time, they can’t do it, in my opinion.The silver lining in everything I’m telling you about, these are all awful things, and I only get paid to be a realist, I don’t get paid to be an optimist or a pessimist.Kyle Bass, on Japan (late 2010):The latest from Kyle - also discussed on zerohedge.The zero lower bound (0% interest rates) is the Keynesian endpoint.The silver lining in all this is, what do you think it will take for our policy makers; what event will have to transpire before they change the trajectory of their policy making. He also unfurls … Their interest expense is 25% of their revenue. Steve Bannon and Kyle Bass accuse Wall Street of 'funding' China's fight with the US Published Fri, Apr 26 2019 1:38 AM EDT Updated Fri, Apr 26 …