Why The Everything Collapse Will Be Far Worse Than What Michael Burry Believes
The Most Well Respected Investor in the Past 20 Years, Dr. Michael J. Burry from "The Big Short" Fame, Underestimates The Everything Collapse. Dateline: Creve Coeur, MO., USA/Monday, September 5th, 2022/Written by: Jeffrey L. Klump The 2015 movie "The Big Short" gave Americans a look at what really went on prior to and during the Great Financial Collapse of 2008. Christian Bale's character was based upon real-life investor and hedge fund manager, Dr. Michael J. Burry. Michael Burry found out in 2005 that mortgage fraud was pervasive all throughout the industry including the banking system. Burry found a way to profit from the fraud and foolishness that not only affected the mortgage industry but also Wall street as well. Michael Burry was able to short these mortgages that were packaged into bonds with fancy names like CDOs. Are You Making Ends Meet? Is Inflation and Rising Interest Rates Keeping You From Getting Ahead? There i...