Michael Burry bets $1.6 Billion against market, Another Bank Failure, Tesla 6 days of losses

Michael Burry bets $1.6 Billion against market, Another Bank Failure, Tesla 6 days of losses



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Michael Burry bets $1.6 Billion against market, Another Bank Failure, Tesla 6 days of losses

#MichaelBurry #BankFailure #Tesla

[lennyb]

Dang but don't you help me stay in check each week. Thanks.

[DanielTorres-gj]

Like you say often "everything is made in china, even babies" 😀

[josephgerrardselfdefence]

when you talk about the dollar and inflation on those terms, the thing that is completely missed is how and WHERE those dollars are created... The US is not the only place those dollars are created and the petro dollar morphed into the euro dollar. Most US dollars and SU dollar debt originates and has been created outside the US. The demand for dollars is far higher than supply. Brett Johnston and Jeff Snider in particular, go over these concepts with a lot better detail... but its a demand supply issue, and the demand due to dollar denominated debt cannot be wiped over... and then possibly moroe importantly, where has that debt originated? It's not all in the US, and I believe it's roughly 100 trillion outside the US. Those dollars are not going to go back to the US in the way described when the demand for the Dollar outside the US is so high