Kyle Bass Predicts HSBC Collapse In 2020! (Here's Why)
Kyle Bass reveals HSBC insights 👉YOU'VE BEEN LOOKING FOR! 👈And I explain them in a simple and fast way that's easy to understand. Kyle Bass is a legendary investor well known for his extremely rigorous analysis. He called US banking crisis in 2008 and now he's calling for a Hong Kong banking crisis in 2020, specifically HSBC! Kyle Bass outlines his views starting with the extreme levels of debt in Hong Kong, and points out the banking sector is 850% of GDP! When a recession comes around that spells disaster for HSBC, especially considering Hong Kong accounts for 32% of HSBC's revenue!! And the numbers Kyle Bass provides get even crazier.
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. ;)
https://www.youtube.com/watch?v=ZBl05xNq_AU&t=785s
https://www.youtube.com/watch?v=_9LFCF2-t7c
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! 👇
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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 #DebtBubble
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