Michael Burry Warns The Middle Class Will Die in 90 Days!
Michael Burry who made almost a BILLION dollars on his predictions had this to say.. Add me on IG @ThisisJohnWilliams
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Michael Burry is famously known for his many predictions whether it be calling the housing market crash and earning roughly $800,000,000 for his fund Scion Capital Management or his bet in the dot com crash or his recent bet on game stop before the frenzy took place. He also made a large bet against Tesla stock and Kathy Wood's Ark Invest.
He predicts that the middle class will be finished due to rising inflation, the labor market, rising gas prices and more. Right now the middle class is burning through what is left of their savings account and when that is finished in September we will see the real economic depression and the mother of all bubbles pop. He said that this economic crash could start in September until December.
He believes that the middle class will never be able to rebuild themselves after this recession or economic depression due to the rising costs and the minimal wage growth that is true in todays economy.
If this is in fact true, this could become the largest wealth transfers in human history, so big that the have's own everything and the have-nots are forced to become a renter nation and rent everything from the wealthy millionaires and billionaires.
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