Hedge Funds: Kyle Bass Won’t Apologize for Twitter Feud on Coronavirus

February 10, 2020 | Hedge Funds, Investments, News

Kyle Bass refuses to apologize for a deleted tweet that said the U.S. should allow coronavirus to “rampage through the ranks” of the Communist Party.

Bass, the founder and CIO of Hayman Capital, found himself in a Twitter fight with the EIC of a Chinese newspaper.

Things escalated quickly between the hedge fund founder and the boss of the Global Times.

Kyle Bass Versus Global Times

Bass had responded to a tweet from Hu Xijin, the paper’s editor in chief that criticized the U.S. government. Hu Xijin had offered a somewhat backhanded thank you to the U.S. after Secretary of State Mike Pompeo announced a $100 million assistance package to nations dealing with coronavirus.

“Aid organized by the US government, though belated, is still welcome and we appreciate it” Xijin said. “But so far, aid that Chinese people heard from the US leaders are much more than the US aid that people actually saw in Wuhan.’

Bass wrote and then deleted the following Tweet: “You ungrateful b*****d.  We should take our supplies and go back home. Let the Chinese virus rampage through the ranks of the GT and the rest of the communist party.”

The spat continued, with Xijin demanding an apology. He also said that Bass brings “shame to investors community and social media users.”

Bass then proceeded to argue he would not apologize with one final strike.

“I will not,” he wrote. “You arrested, censured, and ‘punished’ (only God knows what you did to him and the other 7 doctors) the heroes of Wuhan. You are disgrace to humanity.’

The spat comes at a time that Bass has warned about economic problems in the region. Bass has predicted a “full-fledged banking crisis” in 2020 in Hong Kong. Meanwhile, he has argued that China will not honor its trade deal with the United States.

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