Vern Scott
Dec 8, 2024

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I read "The Big Short" before the movie came out, Burry came out of it like the little boy in "The Emperor's New Clothes". I tend to believe in Burry, yet he's been predicting a crash for a few years now (hasn't happened). It doesn't take a genius to realize that "corrections" happen about every 10-12 years, and we're late on this one. I thought a "correction" would happen during Trump's 1st term (he keeping interest rates too low, goosing the market, running up the deficit) but I was wrong. This term, there are several markers for more inflation, a crash...but when?

What goes up must come down.

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Vern Scott
Vern Scott

Written by Vern Scott

Scott lives in the SF Bay Area and writes confidently about Engineering, History, Politics, and Health

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