The Real Deal New York

The guy made famous by “The Big Short” for predicting the housing crash has a dark warning

Michael Burry thinks the "risk-pricing mechanism" of the global economy is broken

December 29, 2015 06:10PM
By Business Insider

Michael Burry

Michael Burry

Michael Burry thinks the “risk-pricing mechanism” of the global economy is broken and we’re “building up terrific stresses in the system.”

Burry is the central character of “The Big Short,” a blockbuster now in theaters that focuses on the latest financial crisis.

The movie, adapted from the best-selling book by Michael Lewis, tells the real-life story of how Burry figured out that the global mortgage market was on the verge of collapse. [more]

 

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