Kyle Bass made his name betting against the U.S. housing market more than a decade ago, and today he is predicting an economic contraction that could be more than three times as severe as that suffered during the Great Financial Crisis.
"He says China’s not a competitor of ours," Trump said of Biden. "China is a massive competitor of ours. They want to take over the world. OK? They have China 2020 -- you know they have 2025," he added.