If the Hong Kong dollar was a free floating currency the issue wouldn’t be as bad according to Kyle Bass, but with the currency pegged to the US dollar it makes the situation grim. According to Bass, a peg only works if the economies of the two sovereigns are aligned. When they diverge it creates massive structural problems that usually end in collapse. And this time around Kyle Bass things the Hong Kong collapse is going to take down HSBC as well.
If you’re interested in the economy THIS IS A MUST WATCH VIDEO!
In this Kyle Bass and HSBC video I’ll discuss the following:
1. Explain Kyle Bass’s numbers on Hong Kong and HSBC.
2. Explain the dollar peg and how it spells disaster for Hong Kong and HSBC.
3. The HSBC end game outlined by Kyle Bass.
Links to videos featured. I’m always going to recommend Real Vision. 😉
For more content that’ll help you build wealth and thrive in a world of out of control central banks and big governments check out the videos below! 👇
🔴 Subscribe for more free YouTube tips: https://www.youtube.com/channel/UCpvyOqtEc86X8w8_Se0t4-w
Do you wanna see another video as incredible as this?
Watch “Tesla Stock: Should You Buy? (My Best Investment Advice Ever)”: https://youtu.be/ZXgqk7E3Mxw
Watch “How Fiat Currency DESTROYS AN ECONOMY! (Shocking Insights Revealed)”: https://youtu.be/I9JcuytVNTg
Watch “The Real Reason They Want To BAN CASH! (Shocking Insights Revealed)”: https://youtu.be/o48-_fY58jg
Stay tuned every week for new content!
#KyleBass #BankingCrisis #DebtBubbleFollow us:
Visited 573 times