Michael Burry warning of the biggest market bubble in history
This article is really light on details.<p>What is in The Greatest Speculative Bubble of all time?  Everything?  Crypto?  Stocks?  Just Telsa stocks?  All tech stocks?<p>Then there&#x27;s the other half of the equation, which is, &quot;what can I do about it?&quot;  The answer to that question is what&#x27;s actually important.  Anyone can make accurate predictions, but it the decisions you make with those predictions that count.<p>If everything is in a bubble, then what does it matter?  If crypto is in a bubble and you don&#x27;t own crypto, then what does it matter?  Same with Tesla.<p>The dude is probably right, but over what time frame remains to be seen.  Frankly, I&#x27;m more worried in general over normal economic issues than I am about any speculative asset bubbles:<p>The USA is &quot;returning to normal&quot; while a pandemic is still <i>raging</i>.<p>There&#x27;s a massive supply shortage across all sectors of the economy that politicians are blaming on a boogyman (unemployment insurance) instead of actually investigating or addressing the problem.<p>The country still hasn&#x27;t addressed the riot that happened in its capitol where a mob attempted to murder politicians (and successfully injured&#x2F;murdered officers protecting them).<p>There&#x27;s a drought and record heat wave hammering half of the country, putting them at risk of more deadly wildfires.<p>Plus dozens of other things I&#x27;ve either forgotten about, or are not widely reported enough for me to be aware of.<p>So yeah, the likelihood of Bad Shit happening in the next year is pretty high.  But I&#x27;m not worried about Tesla and crypto at all.