Warnings from Cassandra

Over the past couple of months Michael J Burry, the one-eyed hedge fund manager that made $800 million dollars from the housing market bubble, has been warning of hyperinflation and an economic collapse in the near future. Through a series of tweets, Burry pointed out several comparisons between 1920s Germany and the current US (2010-current). Not only do I have to say that he isn’t wrong but yesterday he was paid a visit by the SEC because of his tweets. The final tweet that led to the visit stating “You know my position now, no need to hear more from me.” He had been warning about the bubble in the stock market and the bubble that is about to burst. The federal reserve continues to print more money while thinking they can simply print more money to pay their bills. Burry’s Twitter bio currently says “born to fight, to be cuffed when starting.”

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  1. Pingback: Warnings from Cassandra — The Collapse Experiment | Vermont Folk Troth

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