Texas-based hedge fund manager J. Kyle Bass, the founder and chief investment officer of Hayman Capital Management and founder of private equity firm Conservation Equity Management, joins Julia La Roche for a wide-ranging discussion on macro, geopolitics, and the rising threat of China.
0:00 Intro
0:35 ‘Out of body experience’ meeting with former central bankers, academics
3:30 Fed is ‘completely out of touch with reality’
5:30 This has nothing to do with the Phillips Curve
6:58 Chain-weighting inflation
9:57 Frictions in society
12:15 Heading toward a recession
14:15 Commercial real estate
19:22 Yellen’s trip to China
26:00 Wall Street greed
21:03 Is the business community waking up?
26:20 Exposure to China
28:00 Risk of invading Taiwan
30:00 Talk about what Xi Jinping says
34:00 Should be ringing alarm bells about China
38:00 Need peace through strength
41:00 Economic War Department is needed
44:00 We sit at a hinge in history right now
