If the CEO of HSBC has been lending $400b USD to china to help them prop up their Monopoly money, that accounts for half of the reserves we have calculated that have already run. The chinese bank forward position on CNH is another $450 billion. Their currency is a HOUSE OF CARDS. https://t.co/sMjOJvdYY9
— 🇺🇸 Kyle Bass 🇹🇼 (@Jkylebass) August 7, 2019
$400-$675 Billion?
CEO fired yesterday
h/t dodger007