Kyle Bass on China's Major Risks & Opportunities (w/ Grant Williams)

[@tylermax4339]

I have lived in China for 5.5 years and Kyle Bass is my new hero! Macro economics is my new passion and Kyle makes it accessible for the layman's brain. Please more videos!!

[@KarlisLejnieksKruelaid]

10 years. Agreed.

[@jaleotech5918]

Every time I listen to Kyle I learn something new.

[@gstarny]

hope you didn't lose following his advise on shorting HKD

[@RealVisionPresents]

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[@lovecat5461]

What Kyle said is absolutely true..... I hope more American and western people start realising how bad CCP is and take action against the evil party..... Liberate Chinese people ......

[@rogergionet]

The present Chinese CCP are more harsh and dictators than pass Chinese communist regime.

[@judymckee5992]

@@rogergionet , They are all the same, like the gang of four. Communism enrich the ruling class.

[@judymckee5992]

@whitey bulger jr. , Than use what out there, the yuan? The grass always looks greener on the other side!!

[@littlemoutha9998]

Love cat, you so cute girl. But china had brung over 75% of population out of abject poverty, ans still alleviating poverty, how are they evil? U surely have brain of lower life form, the brain of a cat. mwbahaaaaaaaass

[@littlemoutha9998]

Roger, But them china , since mao need to purge all corrupted and greedy rich elites, g7 nations and thier minions out of china, that are ruining china, that had destitute and plundered china of its resources...to make wave for other leaders to rebuild china. Most you lack critical reasoning skills, and much more as west propaganda is brainwashing us .

[@clarenceworley1921]

I clicked "Like" before I even watched the video, because I like Kyle Bass

[@erickrcisneros]

He is answering questions many of us have been asking ourselves since 2008

[@littlemoutha9998]

But In 2008 and onward them china had bailout the no dogooder us.

[@ralpheatsbeef]

How can his analysis be so spot-on, and his view of President Trump be so snowflake? Is he mandated by his personal and professional circles to join in the Trump-hating blather, or does this brilliant guy have that big of a blind spot (or flashbacks to a mean guy in his childhood? maybe in his home?)

[@ianfalconer2215]

so let me understand trump for the first time this century is doing the right thing with trade and policy and you still want the other guy (Hilary)

[@mkaberli]

I listened to the video, but I didn’t hear him say he’d rather have anyone else as President.

[@jimlovesgina]

Trump is not doing the right thing. Sadly, both republicans and democrats are ignorant of economics. Tariffs are ALWAYS bad. Government subsidies are ALWAYS bad. The Federal Reserve and central banks have been manipulating economies into oblivion and the US is going to fall hard. Taxpayers will pay big for this failed policy.

[@SteveGarai]

@@jimlovesgina Trump offered no tariffs to the EU, provided they abandoned subsidies. There were not takers. Even if tariffs are blunt instruments they make a point, and its effects felt, when foreign actors won't listen. What option would you use to rectify the situation?

[@ppns2726]

@@jimlovesgina so if someone copies STEALS your stuff dumps below cost goods on your shores embeds spyware in your electronica What is your solution?

[@samly7871]

People didn’t vote for trump But end up loving what he Dione. Trump got ball They will all vote for trump next election

[@kevinj5989]

Wow, another superb interview with Kyle! I can’t get enough of him. Thank you!

[@thepunadude]

@19:20 ... HE IS NOT A POLITICIAN ... HE IS A BUSINESSMAN(OUTSIDE THE SWAMP)!

[@cdamarshall5127]

AND, he has said he didn't vote for Trump ???

[@thenutbrothers8726]

KYLE BASS ,thank you to mentioning Uighurs in Chinese concentration camps. Always interesting to listen, very informative.

[@thenutbrothers8726]

@@TheFlagUnit go and find video about that. This section about Chinese crime against humanity.

[@העבד]

HONESTLY? I'd watch a 10 hour interview with kyle Bass!

[@singleunit]

Kyle Bass is a very serious economist, anyone dismissing his opinion based on his research is almost without a doubt being led astray by confirmation bias to a bullish outlook. It is a natural human phenomenon that people want to believe in positive things. However, truth must be objective (as much as possible) for it to be truth and not a flight of fancy for the weak-minded.

[@MrShonky01]

The definition of a long trade: a short term trade that went bad . Sooooo true ! New respect.

[@swatisquantum]

Wow, people who actually know what they’re talking about. Love it.

[@petermathieson5692]

Kyle Bass rocks. Calm. Insightful. Respectful. Inquisitive.

[@manofsan]

@32:33 - so is Kyle saying there could be another Pearl Harbor around the South China Sea / Eastern Pacific?

[@davegreen4681]

Pleasure to listen to Kyle discuss geo-finance.

[@carba8606]

This guy knows what he's talking about.......100% to him.....

[@user-ov5nd1fb7s]

Let me guess, he will say how China is short of dollars and their economy will go down.

[@shelchicago8997]

Kyle for president!

[@ps5home]

Wow, Kyle called the CNY devaluation just right.

[@lembkamb]

Another amazing information from Kyle Bass, thank you real vision

[@billblais7471]

President Trump is Awesome

[@petramaier9153]

I don't see how China is "stealing" 300 billion a year. A trade deficit does not mean one side is better off. China has trade deficits with lots of countries, are those stealing from the Chinese? Or is it about currency manipulation? Leaving aside the fact that the US also manipulates its currency, why would it be stealing if they held their currency low to sell the US goods more cheaply? This is hogwash.

[@opnion2294]

PEOPLE ELECTED WE HAVE TO RESPECT HIM

[@dantor111]

love my president, kyle admits that trump is doing great job, but does not like him

[@ricecrash5225]

He never once said Trump is doing a great job. Trump is an idiot, advisers like Steve Bannon are the reason for the Chinese trade war

[@kyleharris1555]

@@ricecrash5225 Despite Trump complaining about trade deficits with rising Asian powers recorded as far back as the 80s. He's not an idiot, and he's cared about US economic interests for a very long time.

[@judymckee5992]

@@ricecrash5225 , That is what I always said, a man who is worth 4.5 billion is an idiot and only and idiot can do that, ya right!!

[@ricecrash5225]

Judy Mckee Who is worth 4.5 Billion ? You can’t be talking about Trump, he is broke. I have more wealth than Donald Trump. I am happy to compare tax returns, go get them and we will have a look.

[@judymckee5992]

@@ricecrash5225 , Yes sure.

[@monstermixmike1]

Awesome interview guyz 💪🏽

[@meditativeall]

5:50 They have massive trade surplus with India too.

[@IslamExamined]

Outstanding interview, well done guy’s, much appreciated. Teza from Sydney Australia

[@kenliu5794]

I pay great respect to Kyle, and yet with his logic, if I invested in Boeing's equity/bonds, am I also funding the war fought in middle east?

[@billmolloy2264]

Yes, but it is difficult to avoid some things, you fund the war by consuming anything imported. Most of oil products. Most likely you are supporting it by reading this message

[@1112-g1x]

thank u thank u "thers been a trade war since 2001" christ finally

[@javierg602]

I would love to see Richard Duncan in this show, he's one of the most underrated economists.

[@Pitbull14218]

The very beginning did it say air date of 2018?

[@TheKres7787]

ya

[@elinorsaunders840]

When did this interview take place? He is speaking about raising interest rates...

[@John-Brown]

According to the description, this interview took place on Sept 17, 2008.

[@lensenkomedia]

Awesome awesome interview! So smart and insightful. He’s an absolute economic jedi.

[@mauriceandrews2723]

So is your President

[@Mohglee]

The only issue with Yang is he is taking a soft stance on China. Big red flag, but like all of his other policies a lot more than the other candidates.

[@shiletiwa]

Kyle Bass very smart person, next to President.

[@AntonioAdame1]

powerful video

[@claudeyaz]

So is this why the extradition was so dangerous? If it passed and this economic thing crashed...would China just take over?

[@CWai-vf3ol]

USD is back by the productivity and military of the US. RMB is back by the productivity and military of China. The key questions are 1)who is more productive and 2)who has the stronger military.

[@lance8080]

Regression to the mean USA !!!

[@sdushdiu]

Sorry, but Trump - they guy you don't like personally - is the ONLY president - by your own admission - who has taken the proper professional steps - which speaks volumes about the BS basis by which you and others vote.

[@SuperRoycethe59]

sdushdiu I wonder what would happen if no one voted

[@SuperRoycethe59]

I bet it’d be the same outcome

Could we please not fill my country, New Zealand, with a bunch of wealthy people running away from their mess and responsibilities. All that would and is happening are gated areas where a smug superiority resides and a feeling that the local populace are their servants. An example would be a successful movie producer who bought a large farm and then proceeded to tell New Zealand farmers they should all be vegan. But what do you expect from Californian champagne socialists. On the bright side, could Kyle please come and sort our finances out and explain reality to our pink government.

[@mkaberli]

Sorry, friend, better you than me. Wait until you get the one who asserts that you should wipe your ars with only one square of toilet paper. It’s her way of saving the environment.

[@sandymilne224]

Please Grant and Kyle, we need an update interviews.

[@judymckee5992]

Kyle has such foresight with his analysis.

[@peterfritz6030]

Amzing how Kyle predict that the tariffs won't hit the US customers, but the Chinese. The interview was on September 18 and now, one year later, the Yuan devaluated to compensate the higher prices of Chinese goods due to the tariffs. If this would go own on his other forecasts about China, the Chinese will have a very hard time. Looking forward to it.

[@MrSieish]

I like this guy Kyle make allot of sense.

[@erickrcisneros]

Is the RMB Monopoly money?

[@paulryan5984]

Erick Cisneros; Even the CCP leaders are getting rid of it as fast as they can.

[@stacyblaustein1228]

The interesting thing is that most people don't understand the difference between currency and a store of wealth. Now if we examine the value of China's real total gold holdings vs. USA.... You'd quickly learn who's insolvent.

[@paulryan5984]

@@stacyblaustein1228 ; Both countries are insolvent because both have many loans against any gold they might hold. Fort Knox is empty since no one has checked anything since the 1950s when all the workers were sacked. China's gold has long been looted by the ruling government. Has anyone ever asked why China never releases its gold holdings?

[@Vlad-qu5mt]

Source for the 50T?

[@damo87araimo]

Must be about 6 months old. Kyle is referring to interest rates rising. Since this was made rates have been lowered by 25 basis points with the expectation of another 25 basis points drop this month (Sept), maybe even 50 basis points.

[@CantThinkofaCoolOne]

Kyle has this magnetism about him.

[@efrenplaza]

Our politicians have traded our manufacturing jobs to cheap Chinese products. You graduate from a 4 year degree just to end up working for Uber, Doordash or if lucky, a better job as an IT where you need to be recertified every 2 years and get laid off every 6 months. You end up studying for the rest of your productive life.

[@AntonioCostaRealEstate]

This Kyle Bass is in this Channel at all times. Is he for real ?

[@MrRfholmes]

He is the real deal. Look at the vids where he is the interviewer - some of the best journalism you will see.

[@Tuck_07]

Kyle bass predicted the 2008 financial crisis and everyone thought he was crazy. He made a fortune betting against the bad mortgages

[@l.a.mottern3106]

This is older information in the Interview. Several months or Older Prior to Sept 2019

[@PankajGupta-kc4jq]

We heard "China collapse" rhetoric for last 30 years. Anything new? How about Guantanamo Bay - Indefinite detention without trial and torture. Should the world stop using USD?

[@lance8080]

Pankaj Gupta Buy American.

[@chaitanyabhagat5189]

I would really like kyle bass views on Indian and its economy.

[@MetalBum]

So what are the gist of this video. I was investing in China etfs because ray dalio recommended emerging market and China index funds.

[@johnl4469]

Interesting conversation gents. Thanks.

[@comediavietii1245]

11:38 😆😆😆😂 good luck

[@edgeg400]

This is like watching the future being foretold - because it is 4/24/20 and everything Kyle talked about in this sit-down has come to pass...

[@sduncanfoto]

this was really enlightening

[@TTS888]

Interest rate is now zero. So hk mortgage payment should not run into default based on what Kyle said???

[@cusxio]

can someone explain to me what "current account" means in this context?

[@danielcockerill3761]

I believe it is the term of trade or in which period of time

[@michaelengel3045]

1) Kyle is bright. When Fx reserves plunge, a trade was signed between China & Iran : x8 Iranian oil tankers for : 4,000 cars, 11,000 TV sets, 100K men underwear and x5 NK nukes. 2) Oil @ 40% Brent. Chinese real goods in Yuan. Not a dime was traded. "real Goods" for "Real Goods". US is dollar trade king. China is "Real Goods" king. If China oil consumption < 500 M tonnes, 1 out of 8 tankers oil will be sold at Brent in Rotterdam, to help Chinese "dollar" short.

[@silviapineda8559]

Kyle I am interested in investment in stock I need you point a view what is the best option I love you videos!

[@kieronmckay4276]

Great interview

[@cairo0009]

Filmed a year ago, but just now released today. A little late isn't it?

[@damo87araimo]

Yeah, intersting though to see how things played out. Kyle was expecting rate rises to continue.

[@suneefilm]

Great insight talk, great education. One more thing to ask, please please put a snagy sofa, not a chair with no arms, looks better and make ppl comfortable talking hours.

[@gmac94]

Fascinating! This guy is such a champ!! Go TRUMP!!!

[@swwei]

See the Chinese Government showing their missiles in their national day parade ? Which country is those ICBMs to used against? Vietnam? Guess Again!

[@catcait2547]

The talk makes americans very happy.

[@Lino_elevation]

Like. If you’re binge watching Kyle.

[@freedinner886]

Winnie the Pooh Wow, I'm dead XD

[@davidouellette6833]

CHINA IS TAKING CARE OF THEIR BEST INTERESTS . LIKE TRUMP OR NOT HE IS TAKING CARE OF THE USA BEST INTEREST . AND NOT DOING CORRUPT THINGS TO FILL HIS POCKETS BEING IN THAT POWER ALLOWS MORE OPEN OPPORTUNITIES TO MAKE MONEY AND I THINK WE THE PEOPLE HAVE ANY PROBLEM WITH THAT AS LONG AS IT'S LEGAL AND NOT HURTING PEOPLE. JUST MY OPINION

[@lance8080]

Communist China is way to much risk.

[@TheActiveAssault]

$10 crude oil collapsing was in part due to Chinese financial operations

[@MattY3432]

very interesting interview, Kyle certainly reflected on his huge mistake in betting against RMB in 2017, his opinion that Xi wants to deval when it's a show of strength played out beautifully at the height of trade war last month. China will be running short on dollars but internally China does not have too much dollar-denominated debt, so I do share Kyle's opinion that Chinese banking systems and real-estate markets, no matter how dire the situation is, will do just fine because of strong central government backing, it will be the RMB that takes the hit. At this point in the business cycle, I'm afraid it's gonna be a global currency war

[@feliceboccella8191]

I like D T....!!!!!

[@TheEVEInspiration]

I like Kyle Bass, but one thing bugs me, its all about exploiting situations...which is a far cry from taking risks that have more than such an effect, like growing social stability by improving economic conditions etc. I thus wonder how he would do in a more normal (more boring) economic reality. Would he invest in new ideas, would he back the duopolists, that sort of thing.

[@williamandrews781]

The Chinese won't ever create a significant devaluation because that would raise the costs of imports.

[@SuperRoycethe59]

Are you ready for the Ruffneck Bass?

[@thor1186]

has Peter Schiff watched this video?, Get Kyle & Schiff in the same room

[@silviapineda8559]

Kyle I really follow you I admire you I let you know I started work just to pay my bill!

[@sunwm2003]

To be honest with the audience here, any individual chinese with some curiosity and access to both sides of the world, inside and outside of the great firewall of China, will tell you exactly what Kass is telling in this video, I mean 20 years ago. I am talking about millions of chinese people who live overseas. Has any one of them telling you what would happen if you let CCP to have massive economic growth, you bet somebody did, probably a lot of them trying to influence the US government not to bring China to WTO. It’s just the level of greed in the government and Wall Street can’t help themselves. They have to let it blow up in their faces with the cost of ordinary people. That’s exactly happens today. People inside and outside of China are suffering because how CCP has been able to grow the economy and have tighter control of the people. Sad!!!!

[@NYProfessional]

They praise Trump, but don't discuss that Trump manufactured all his apparel in China and that abandoning TPP was like shooting ourselves in the foot.

[@calvinlin739]

What he said about China's current account deficit cannot be correct. Just google China current account balance...

[@daubystrahan5540]

he spent 50mins to create fake news

[@williamandrews781]

Grant asked "How do I put a trade on?" Is that asking for investment advice?

[@MaxZagar]

Have you thought about why China is not having USD. Perhaps they do not want them.

[@CWai-vf3ol]

It is the competition of RMB and USD. Let see who win.

[@sduncanfoto]

great info. China has a limited time to play this game of chicken.

[@freedomtosayno7880]

At least a generation of malinvestment coming home to roost. Thank you Kyle, et al. “The curious task of economics is to demonstrate to men how little they really know about what they imagine the can design.” ― F. A. Hayek, The Fatal Conceit: The Errors of Socialism

[@Gullinnova]

not only can china not have its cake and eat it too. You cannot expect communism and capitalism to co exist in the same system forever. I think it was held together unconsciously by allegiances to communism.

[@77Victory1]

i like kyle bass but he might not like trump but he likes the why he's running the country right and that's what's important.

[@rsaunable]

I know Kyle is dumbing things down, but daggum, he hasn't reached down far enough for me! What constitutes a "Current Account"?

[@JP-wd1yo]

Incredible

[@kangbool]

Yahhh ... the proof is in the pie .... THE AMERICAN PIE !!! when was the last time you checked it ?

[@wangfred]

All numbers don't make sense, because you are looking at it from free market angle. Remember China is very different from western. You have to get real first if you want defeat you compitator.

[@yv8190]

But they say that China has a Lotta gold so maybe that’s what they’ll fall back on and they are not playing their hand and let us know yet🤭

[@anthony2364]

Who is the biggest US bond holder ? Japan surpasses China as largest foreign holder of US Treasurys

[@douskatiki6855]

China have been buying lots of Gold for many years.

[@williamandrews781]

They have over a trillion dollars in Treasurys.

[@cyruschadrezzar]

something smells fishy

[@Kezoman1]

Kyle Bass should have this conversation with Bernie Sanders. Bernie, I'm sure, would be of like mind.