articles like this almost always point to high asset prices as a reason for a coming crash. And also high inflation as a reason for coming deflation. Then throw in some cherry picked data to support their take.
BTW, Michael Burry seems completely unhinged and I can't help but wonder if he just had pure luck.
Any real reasons, like 2008 where people started to realize security products were built on fraud at a massive scale? I mean crypto is a ponzi scheme but when that implodes 1 to 100 years from now, that's not going to make a big denty in the economic
BTW, Michael Burry seems completely unhinged and I can't help but wonder if he just had pure luck.
Any real reasons, like 2008 where people started to realize security products were built on fraud at a massive scale? I mean crypto is a ponzi scheme but when that implodes 1 to 100 years from now, that's not going to make a big denty in the economic