He cited falling U.S. personal savings and record-setting revolving credit card debt despite trillions of dollars in stimulus money.Famous investor and founder of investment firm Scion Asset Management, Michael Burry, warned on Friday about a looming consumer recession and more earnings trouble ahead.
His tweet includes two images. The first shows a sharp decline in U.S. personal savings. The other shows a steep rise in consumer credit outstanding. One commented: “This is wild. We airdropped helicopter money on people and yet personal savings went down and credit card debt went right back to where it was.”
It's a buy signal then
Lizzie Martin
I hope that USDT will help to keep the investments.
He has no eye
Well mr michael gonna lose his everything this time while doing his big short.
Please stop cover this joker 🤪
Same here
Ladeiraaaaaaaaaaaaaaaaaaaaaaaaaaaa
Can you guys tell me if this is legal?