‘Big Short’ Michael Burry Warns Of Dollar ‘Train Wreck’ — Bets On Fine Wine Against AI, Quantum And US Debt Risks
Michael Burry is buying discounted European fine wine as a hedge against dollar weakness, inflation and potential financial-system disruption. Burry expects a “colossal train wreck” within five to 10 years as the costs of U.S. fiscal irresponsibility come due. He estimated that a 30% to 40% dollar decline could generate 45% to 65% currency-driven gains, … Read more