Michael Burry Just Made His Latest Market Prediction And It’s Not Good
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Cassandra’s at it again…
Famed investor, Michael ‘The Big Short’ Burry, just made a slew of apocalyptic predictions and they’re not exactly optimistic, but what did you really expect from an apocalyptic prediction?
Here’s a roundup of all the headlines he’s made this week:
The stock market is due for “a number of bad years” from a market-wide selloff worse than the 2000s market crash.
- Bitcoin is the “tulip bulb of our time”.
- Tesla is “ridiculously overvalued”.
- Palantir will be worth a lot less in two years.
- Interest rates shouldn’t be lowered.
- The Fed shouldn’t exist and should be replaced by the Treasury Department.
- Christian Bale isn’t returning his calls about The Big Short 2.
…Ok, that last one I made up, but the rest he did say.
I mean, that’s a lot of yapping for one small man. This is all from multiple blog posts right? Oh, this is all from one podcast interview? Oh damn.
Tell us how you really think, Michael.
But why should we listen to this guy? He keeps saying Troy is going to fall all day every day, but has it fallen yet? No, so he’s clearly wrong, I’m going to put my faith in the great gods of Apollo, Nvidia and Elon Musky Musky Musk.
For more on this story, gilly your peepers over this: Michael Burry Just Brought Up GME, Here Are 5 More Red Flags That Signal a Bubble
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