Its both. The women thing is tied into that...
The world is slowly becoming less white. Its just a matter of time. This is why immigration, affirmative action, interracial dating etc. is all terrifying to them. They a reckoning with the fact that in a few generations the world won't include people that look like them...
Which existentially, and I'd argue subconsciously, is terrifying. So this is all a play to continue to consolidate power, no matter how absurd in order to stay in charge and propagate their ideas which would ease the propagation of their genes.