The CNBC . com upload only had the first 4:30. Here are some timestamps for the rest of the video.
07:14 – Evergrande is the first block in the Jenga puzzle that’s gonna cause the Jenga puzzle to collapse.
07:42 – hey’re not going to allow Westerners to make money
07:45 – Westerners that own Evergrande’s bonds are going to get what’s coming to them which is almost nothing
08:55 – They’re (China) not a responsible global actor
09:41 – Worries that can end up in more than an economic war that could end up in some type of actual conflict with the rest of the world
10:12 – The US has major economic weapons that we could use without firing a single missle
10:55 – A shooting war is so far beyond what we ever think about with a superpower like China or Russia
12:08 – What will the West do about it? We didn’t do anything about Hong Kong