Michael Burry - You Were Set Up To Lose EVERYTHING!

Michael Burry Was Right ALL Along.. Add me on insta @ThisisJohnWilliams

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Michael Burry is famous for taking a short position against the housing market bring over $800,000,000 profit from his default swaps. He also made a lot of money investing and shorting the dot com bubble. Michael Burry now predicts this upcoming market crash has already happened and that Teslas earnings are deceptive from what Tesla actually makes as a car manufacture. He is so confident in this that his firm Scion Capital Management took out a $540,000,000 short position on the company - essentially betting that the stock will continue to go down in value. As of this writing Tesla stock is down approximately 50% in 2020 from TSLA's stock valuation of approximately $1,200 per share in January of this year.

Burry predicts that this upcoming crash will be the worst crash that we have seen in approximately 100 years and that the collapse has already begun and we just do not know it yet.

After looking at Michael burry's data and information and comparing it with mine I believe that he is right on the money and he is also leaving out one key component to this crash vs other crashes before it. This difference will be the leverage, inflation and the state of the traditional American who recently invested in stocks, real estate and crypto who is extremely leveraged and will overtime be forced to panic sell their portfolio on the way down which could make this crash much worse than any former crashes before it.