CNBC, Released on 1/17/24
“In 15 years, China’s GDP, reported GDP is up over 500%, but if you invested in the Chinese stock market 15 years ago, you’ve lost a third of your money,” says @Jkylebass. “Investing in communism never pays.” pic.twitter.com/YCl7VahXl1
— Last Call (@LastCallCNBC) January 18, 2024
Kyle Bass is an American hedge fund manager. He is the founder and principal of Hayman Capital Management, L.P., a Dallas-based hedge fund focused on global event-driven opportunities.
Kyle Bass warning on Chinese equities: ‘Investing in communism never pays’ added by Herman James on
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Kyle Bass criticizes the idea of investing in China…..what a shock!
I think Kyle needs to find a new hobby.
The best way to vote is with your dollars. If you aren’t supportive of centralized capitalism/totalitarianism/fascism, then you don’t ‘vote’ for it by investing in operations under those regimes.
Of course, that includes America, as well as the Five Eyes, G7, Western World…
So Bass may be correct, but incomplete in his analysis.