A terrifying financial warning for 2022 (from Michael Burry)
A terrifying financial warning for 2022 (from Michael Burry)
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This is Michael Burry’s terrifying warning for a 2022 financial or stock market crash. And unfortunately, it all might be closer to hitting us than you might think.
Michael Burry is the star of the hit movie The Big Short, where he was played by Christian Bale. It details the true story of the 2008 housing collapse, and how Burry made hundreds of millions for himself and his clients by betting against the housing market. And he’s making a prediction for a similar (and potentially worse) situation to hit us later this year in 2022.
According to Burry, we may only be months away from one of the biggest financial collapses in history. But the thing is, Burry hasn’t always been right. So which will it be this time?
Let me know what you think below.
0:00 – Michael Burry and “The Big Short”
1:21 – The recession that led to the 2008 collapse
3:33 – How Burry predicted the 2008 collapse
4:37 – What is Burry predicting for 2022?
6:25 – How predictions help us pay attention
7:26 – Some final thoughts
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#MichaelBurry #financialcollapse #inflation
I don’t understand if the mortgage and interest rate is set when a person buys a house how does time affect the fact they cannot afford their mortgage later? What kind of mortgage goes up with the market? This doesn’t make sense to me align a house with the moving market or how that works but is that what happened?
A crash is coming, its inevitable with all the money pumped into de economy during Covid… however… Michael Burry screams "bloody crash" every year. He is a broken clock that is right twice a day. Right on ocasion, but still broken.
It’s like the reverse story of pretty woman when a beautiful wealthy woman see a pathetic constipated homeless guy and feels so sorry for him he’s so pathetic she instantly falls in love with him regardless of how bad he smells it’s a beautiful love story giving girls their due as his rescuer
In the US Inflation is not up due to money printing. I would have thought that would have hit us before now. The printed money was horded by the rich and used for stock buybacks by the big corporations. The reason we have inflation now is supply issues, rolling shutdowns in china, elevated gas prices, due in large part by greed, a war and food problems due to climate issues. The feds bs idea that rasing interest rates to combat inflation is asinine since this inflation is not being caused by wage issues. These morons are going to put the US in a recession to compound the problem the rest of the world is having.
All started under Reagon and petfected under Bush. Deregulation of banks and media.legalizing cash to corp. Made massive money for a cfew and disaster for many. Not an accident
Does anyone have the link to that tweet? I tried looking for it but there are a lot of fake Michael Burry twitter accounts.
You said your country went Bankrupt…curious if you could elaborate on the impact as a citizen? Has Iceland since recovered?
perhaps im a bloke but a total collaspe of economy could be a good thing, we’re one step closer to a non material world..
I know it is possible a non specu lative economy, so why dont we.
What if Burry is manipulating the markets some how
Imagine guys feeling so inadequate girls can easily manipulate them some girls see and know the benefits of that to her
The click bait video thumbnails really hide the salient financial wisdom you provide and appear to reduce your credibility, but I understand the need to sensationalise to get attention.
FYI; most Prophets are often confused as being MAD MEN! So I would be carful. I was told to get out of cash and into gold and silver in 2010. Than told in 2019 that Gold would be worth 10 greater in ten years.
iso20022 coins and precious metals
OR IN THE CONTRARY DO NOT REFINANCE ALL INTEREST ARE WORST .
One thing, he might have not predicted – gov would escape into war, as it was done many, many times in the past War boosts demand, distracts the public – by the time it’s over everyone believes that other guy was responsible for the market collapse.
You neglected to mention that when interest rates went up those with ARM loans were the ones who struggled. Higher interest rates doesn’t change a 30 year fixed
Imagine girls feeling sorry for the poor pitiful constipated broke homeless guy she just wants to save him maybe he will do as she says
Financial doom coming from such a lovely lass isn’t such a bad thing. At least we were warned in beauty.
Everybody concentrates on what will happen to the 99% that will face financial ruin has anyone thought of what will happen to the 1% that will get blamed for their misery??? In these days of instant information there will be nowhere these rich powerful individuals will be able to hide and the amounts of angry folks waiting to tear them to pieces will be found everywhere looking for the scapegoats they hunger for, there will be no support for them and they will wish they never owned a penny but it will be too late as they will brunt the blame for everyone’s misery. Imagine that, who would want to be the rich powerful guy then???
the big thing to worry about is about china. their economy is suffering from real estate issues at a huge lvl. plus, the china vs taiwan tensions are higher than before. keep an eye out for October.
Until the war in Ukraine continues and people die, the system is rather stable, with war expenses, that’s an ugly picture of modern world.
He is in on the scam and profiting from the scam
How does tricledown economics of Reagon and international bzness (Bush) working for you.?both republicans. Just gave u guns gays and God issues. Have fun and vote fir them again
Convincing
This is predent from republicans . Deregulation of banks and media and weakenning the government regulation. Right is akways wrong
I think it might be wise to heed his warning especially when see every reason for a disaster but what can we do.
I love you’re always positive and remind us there’s always something to do.
I would like you to talk about the network = networth you mentioned. How can we build a good network? Where to find people interested in finances and stocks and so on? 🙂
It could be an interesting idea for a video.
Thank you!
He’s not the only one predicting this. I figured the crash was going to happen last October but now I think it may be this October.
Your forgetting that the only reason Michael was wrong during the housing crisis was because the rating agencies were corrupt. I’m not so sure that has changed. Whether he’s been wrong about Tesla or otherwise. Tesla lives on government handouts for the rich, so yes, if the government continues to bail out Tesla with my tax dollars it will eventually fail, just like California’s energy grid
Sooo… they print billions and billions and billions and now they are shocked by the inflation? The inflation will grow with the inflated % of the money printed relative to the money on the market… and they printed a lot… expect the worst to come… 2008 was a small kid compared to what’s coming…
It’s truly time to be alarmed. The complacency from people is what’s concerning to me. Many people i know are clueless to what may happen.
American born and loved your advice multiple citizenship advice. I admire people who do get up and move to other countries wish I was that bold
Since Democrats got Trump out of office, they are at war with American and conservative Americans. Destroying the economy is on top of the list.
Love your vids – you have a very engaging style.
Gotta admit, though, a little disappointed you chose not to do the Margot Robbie bathtub explanation technique…<g>
I’m of the view that he was right but it’s kinda gone to his head at this point and has turned into a doom sayer that only ever predicts doom which is a bit of a bad sign. plus the deleted takes show a guy thats not sure. which can be a good sign that at least he’s questioning his own ideas but it’s also cause for us to as well.
It’s refreshing to hear an analysis of the current inflation crisis that’s not lazy and just blames Biden.
no savings to worry about or to lose lol. cost of heat and food is my main concern.
It’s unfortunate that you didn’t mention the us government forcing banks through regulation to lower lending standards. That was a huge catalyst.
All by design, you will own nothing!
Sorelle, U are so beautiful, will U marry me? We extremely need to increase the population of Iceland.
Thanks!
I humble think is clear around the world national debts numbers are staggering big & lost all meaning, which means technology will have to reduce dozens of ceros, to make sense of countries national foreign debt, this adjustment likely cause some form of crash, until some new shape in values is widely accepted & cripto may be a normal , banks corrupted the sistem big time, with extreme long house loans,
I was wondering what you think of just investing in SnP 500 for beginner. (Canadian)
Sorelle thank you for this vid , once again I love your mind woman
US mortgages, they are locked for the duration of the mortgage… so payments never actually go up unless you move
Good video though
❤️ love your collective demeanor and ability to always say positive.