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Michael Burry, the Man Who Predicted the 2008 Crash, Claims Another One Is Brewing That Could Be “Worse Than the Great Recession”

by Not The Bee
October 1, 2022
in Economy
Michael Burry, the man who predicted the 2008 crash, claims another one is brewing that could be "worse than the Great Recession"

You obviously don’t have to listen to every guy who claims that the U.S. is teetering on the verge of an historic, maybe once-in-a-generation recession and/or financial crisis.

But there are some of them who might be worth heeding just a little bit. Famed investor Michael Burry delivered arguably his most dire warning about the current US economy to date late Thursday – suggesting he is concerned the ongoing downturn could be worse than the Great Recession.

Burry, the boss of Scion Asset Management, noted that one of his market analysts said his comments were “spooky” because he voiced his concerns […]

Read the rest of this story here: notthebee.com

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