Burry, best known for his portrayal by Christian Bale in hit movie “The Big Short,” has been signalling the alarm for an impending, massive recession for quite some time. After Silicon Valley Bank’s collapse Friday and Signature Bank’s shut down, Burry took to Twitter with one perfect statement:
“2000, 2008, 2023, it’s always the same.” Burry wrote, now shared on his archive page. “People full of hubris and greed take stupid risks and fail. Money is then printed. Because it works so well.”
— Michael Burry Archive (@BurryArchive) March 12, 2023
