Michael Burry- Mother of all CRASHES Inevitable

Michael Burry predicting mother of all crashes would be inevitable. Michael Burry, the prolific tweeterer and hedge fund manager whose prescient bet against the housing market before the 2008 financial crisis was featured in The Big Short, said Tuesday that he thinks inflation could persist for years.The 51-year-old founder of Scion Asset Management pointed to the restructuring of the global supply chain as the driving force behind higher prices, delivering his warning in an awkwardly phrased tweet. With all this info saying a crash is inevitable isn't too far unforeseen. “Onshoring/ blue collar shortages put global supply chain restructuring raise long term inflation’s floor even as bullwhip cycles lower to that end,” Burry wrote in the tweet. Michael Burry literally said that we are only 50% only into the total crash of what’s to come which is crazy to hear. This statement alone further amplifies the worries of mother of all crashes coming. Should have seen all this coming by the amount of major company owner billionaires selling off heavily off stocks like Elon Jeff mark. Historically every 8- 12 years we have a massive recession/ depression history is all we have now that we can base things on. Good news contrary bullwhip effect I guess in a way here he is trying to be safe from both ends of the rope if we crash he is right and if we don’t now thanks to these remarks he is right too smart. What he’s referring to with the “Bullwhip Effect” is the deflationary effects of retailers holding too much inventory. The theory is that they will eventually have to drop prices to relieve themselves of the goods they have stockpiled. As seen Michael Burry predicting mother of all crashes would be inevitable is not so crazy after the facts.