‘Big Short’ Michael Burry Awakens Ghosts of the 2008 Financial Crisis

Are we about to relive the money crash of 2008? 

The query is begining to cross people’s minds considering the fact that a cryptic tweet on Might 24 from iconic trader Michael Burry, known to be one particular of the first to bet towards the subprime home loans in the mid-2000s. Burry correctly predicted the collapse of the housing bubble. The strike motion picture ‘Big Short’, wherever his function is played by actor Christian Bale, depicts his outstanding wager from the tide of a euphoric market place.

‘Plane Crash’

“As I claimed about 2008, it is like viewing a airplane crash,” Burry posted on Twitter on May well 24. “It hurts, it is not pleasurable, and I am not smiling.”