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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
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]