The communist regime in China is going to use its new state-controlled digital currency as a Trojan horse to project its authoritarianism all over the world, warned hedge fund manager Kyle Bass, and it could become a “cancer” plaguing the United States if it is not banned, he said. “Imagine a currency that almost has…
US Should Ban China’s Digital Yuan: Investment Manager Kyle Bass
Kyle Bass: The ‘Cancer’ of China’s New Digital Currency
“Imagine a currency that almost has a mind of its own … It knows your account data, knows your birthday, your social security number, where you live” and exactly what you like to buy. And all of this knowledge would be sitting in the hands of the Chinese Communist Party. In this episode, Kyle Bass,…
Chinese Wind Farm Poses a Threat to Critical Infrastructure in Texas
J. Kyle Bass testified before the Senate Committee on Business and Commerce at the 87th Session of the Texas Senate on April 19, 2021. The following is his testimony: Chairman Hancock, Vice-Chairman Nichols, my name is Kyle Bass, Chief Investment Officer of Dallas-based Hayman Capital Management and I would like to thank you for the…
Kyle Bass: The Chinese Regime Controls 200 Sq Miles in Texas Next to Major Air Force Base
A company with ties to the Chinese Communist Party owns 130,000 acres of land in Texas—right next to America’s largest air force pilot training base. The CEO of the company, Sun Guangxin, is a former officer in China’s People’s Liberation Army and one of the largest landowners in China’s Xinjiang province. And the land, purchased…
‘Trojan Horse’: Kyle Bass Warns China Will Use Digital Yuan to Export Tech Authoritarianism
The Chinese regime is using its new state-controlled digital currency as a Trojan horse against western democracies—and the free world needs to outlaw it, warned hedge fund manager Kyle Bass. “I think that the digital RMB [renminbi] is the largest threat to the world as it exists today,” Bass said in an interview with The…
NTD Business Full Broadcast (April 8)
As the U.S. goes full-speed ahead with money printing, China wants its banks to cut back on lending. Will people start investing in China instead? With rates so low, it has almost never been cheaper to borrow money. NTD speaks to a businessman whose unique business strategy has helped many entrepreneurs, and he says it…
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