Subject: Re: China, how are they doing?
Bass is talking his book. He’s had a huge, ongoing bet against the Chinese economy since 2010.

Yes, China has been struggling for any number of reasons due to huge misallocations of resources, and has been struggling for a number of years.

Trump’s tariffs are only one factor.

And speaking of misallocation of resources, Trump is gearing up to outdo Xi on that score-

Trump is proving to be a good communist in that respect

It’s the most amazing transformation of an American political party. The real communists are accusing everyone else of being Marxists.

Fuck these idiots. They need to be shown the door