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An Update on China’s Economic Crisis and the Israel-US Iran Strike: Kyle Bass
Here’s why the US can and should decouple from China, says Kyle Bass:
"We actually share almost nothing in common with the Chinese Communist Party. We look at the world completely differently. We value basic human rights. We value the right to own real estate. We value law and order. We value so many things here that they just have no concept of over there. Everything is for the benefit of the party chairman, Xi Jinping himself.
So, it's a very different world.
And when we don't share values and all we share are economic leanings, and we have outsourced just about everything to China, there's a world in which the US can actually turn that around and bring some of that manufacturing back onshore, which I think is certainly going to happen.
And I think the world's going to just be a different place."
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