Kyle Bass, the founder and chief investment officer of Hayman Capital Management and a founding member of the Committee on the Present Danger: China, speaks during an event at Hudson Institute in Washington on July 12, 2023. Screenshot via The Epoch Times
Communist China is grappling with the most severe economic crisis in its history, a downturn that the regime will not recover from, according to Kyle Bass, founder and chief investment officer of Hayman Capital Management.
“There is nothing that is going to bail China out of their economic spiral. They’re having a real estate crisis, a banking crisis, a youth unemployment crisis, and now they need to be worried about their current account,” Bass said in an interview on EpochTV’s “American Thought Leaders” that aired on June 26.
