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May 30, 2023 – The US economy and trajectory of US debt are currently on a precarious path. While there are options available, each brings its unique set of challenges and potential pitfalls. The US
Michael Burry expects the post-pandemic economic recovery and another round of stimulus to drive up prices, and doesn't see bitcoin or gold as guaranteed havens for investors. "Prepare for #inflation," the investor said in a now-deleted tweet on Thursday night. "Re-opening & stimulus on the way. Pre-COVID it took $3 debt to create $1 GDP, and it is worse now. In an inflationary crisis, governments will move to squash competitors in the currency arena. $BTC #gold." Advertisement Burry shot to fame after his billion-dollar bet against the US housing bubble was chronicled in the book and movie "...
An hour with Paul Singer Paul Singer is the incredibly successful founder, president, co-chief executive officer, and co-chief investment officer of Elliott Investment Management. Grant Williams invited him to share his thoughts on the current state of economic affairs on his January 22 End Game podcast. The podcast is posted here. I have embedded it below. According to the description provided: “Among the topics covered in this extremely rare and endlessly fascinating conversation are Paul’s thoughts on the importance of understanding markets are little more than mass experiments in psyc...