Michael Burry Thinks Banking Crisis Could Resolve Very Quickly

Big Short Michael Burry Thinks There Is No True Danger Here

In a sort of a cryptic tweet, famous investor Michael Burry said that the crisis could resolve very quickly.

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Burry added that he doesn’t think there is any danger here.

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Earlier, the big short investor had tweeted that what is happening right now is similar to what happened in 2008 and 2003.

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The famous investor said it’s often the same - people full of hubris and greed take stupid risks and then fail, then more money is printed to fix it.

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Michael Burry had been bearish on the US economy for some time.

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The investor who saw the financial crisis of 2007-08 coming, correctly predicted the current crisis.

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Burry thinks a Worldcom like crash is also on the way.

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