“Big Short” Investor Michael Burry Warns of “Extended Multi-Year Recession”

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“Some of us have been predicting a long and severe recession and made a detailed case for why we are headed towards a Great Stagflationary Debt Crisis,” NYU Stern economist Nouriel Roubini tweeted to Burry on Wednesday.

Burry rose to fame fter his billion-dollar bet against the mid-2000s housing bubble was immortalized in the book and the movie “The Big Short.” He’s also known for investing in GameStop before it became a meme stock, betting against Elon Musk’s Tesla and Cathie Wood’s Ark Innovation fund last year, and issuing dire warnings about market bubbles and crashes.

 

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