Michael Burry's WARNING: This will COLLAPSE Everything. Here's Why. (Evergrande)

Michael Burry's WARNING: This will COLLAPSE Everything. Here's Why. (Evergrande)

However, some quick minded twitter users were able to save the tweets and they give a dark look into what is brewing into what could be the greatest financial collapse the modern financial world has ever seen, order of magnitudes greater than that we saw in 2008. I

n this video, we are going to go over Michael Burrys twitter insights in which he predicts a colossal crash, take a look at how reserve banks across the world have their backs against the wall with inflation, and finally, what this means for Bitcoin and stock markets as well as how Michael Burry is positioning his portfolio to profit off the crash.

I personally don’t think that it will so I will just be holding and looking for any good discounts if things get bad. For those of you that are deep into the Cryptocurrency markets, Tyler WinkleVoss put out a quote from Satoshi Nakamoto that I thought was a good summary of the current situation. “

The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.”

About:

Michael James Burry is an American investor, hedge fund manager, and physician. He founded the hedge fund Scion Capital, which he ran from 2000 until 2008, before closing the firm to focus on his own personal investments.