The Big Short/Netflix
- Michael Burry sounded the alarm on the stock market over the weekend.
- The “Big Short” investor said extreme speculation and debt could cause a crash.
- Burry said his warnings were being ignored as they were during the housing bubble.
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Rampant speculation and widespread betting with borrowed money have driven the stock market to the brink of collapse, Michael Burry said over the weekend.
“Speculative stock #bubbles ultimately see the gamblers take on too much debt,” the investor tweeted along