Assessment: Biden needs to look … he has to look somewhat competent, especially after falling asleep in Glasgow …
EpochTV’s Tiffany Meier sat down with Kyle Bass, founder and principal of Hayman Capital Management, and John Mac Ghlionn, journalist and researcher. They touch on President Joe Biden and Chinese leader Xi Jinping’s summit, the U.S.–China Economic and Security Review Commission, and what it means going forward.
“and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.” Rev. 13:17
“I believe that the adoption of their central bank digital currency is cancerous to the West.
It’s the adoption of the Chinese tech stack. It has a mind of its own.
Their human data project is interfaced with their rollout of CBDC and they’ll be able to effectuate bribes to individuals outside of the purview of banking regulators or sovereign regulatory oversight. And so it’ll be a brave new world for a Chinese Communist Party who’s known to bribe, steal, coerce, to do everything they do as they move through the world.
This gives them the ability to reach people directly, which is a real problem. So I don’t believe we can allow a little bit of it. I believe it to be cancerous.
You can’t have a little bit of cancer. You either have cancer, or you don’t. And so we all need to be talking about the rollout of the CBDC and why it’s so vitally important to understand this in the context of China’s grand strategy.”
And as for the virtual summit between Biden and Xi, Mac Ghlionn said, “The reason why no progress has been made is because Taiwan is the main talking point…”
