Michael Burry, Real-Life Market Genius From The Big Short, Thinks Another Financial Crisis Is Looming

“What makes you most nervous about the future?
Debt. The idea that growth will remedy our debts is so addictive for politicians, but the citizens end up paying the price. The public sector has really stepped up as a consumer of debt. The Federal Reserve‚Äôs balance sheet is leveraged 77:1. Like I said, the absurdity, it just befuddles me.” – Michael Burry, Real-Life Market Genius From The Big Short, Thinks Another Financial Crisis Is Looming

Leave a Reply