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I would like to talk about one of my personal favorite investors Michael burry if you guys have seen The Big Short then Christian Bale was him in the movie and of course Michael is primarily known for predicting the 2008 housing market crash and since has been one of those figures that everyone in the final space looks up to and wants to know which way Michael's head is turning now I want to look at this tweet from Michael burry which is an important one and it says the last two inflationary periods in the United States 40s and 50s and the 70s each had three distinct inflationary Peaks 20s it was a post flu 40s it was a post-war spent and then 70s it was bad energy and fat policy and right now since end of 2021 we've had all three all at once and as I'll get to in a little bit the whole microeconomic state is really not looking good as well we also had the FED add another 0.75 to the interest rates just a few days ago and I just want to take a moment to ask you guys to please like the video subscribe to the channel hit the notification button to enter my giveaway make sure to just subscribe to the channel comment your favorite cryptocurrency as well as your Instagram handle and I'm going to DM the winner about eight days from now now if you would like to work with me one-on-one let me know down in the comment section if he's gonna be 45 USD for 45 minutes and I can help you out in whichever area of finance and or personal development as well now the last tweet I would like to look for Michael burry is a pretty important one and it says NASDAQ bull market because it is up 20 off its low who makes this stuff up after 2000 the NASDAQ did that seven times as it fell seven 38 percent to his 2002 low and specifically he's talking about this pure right here when on June 17th we hit the all-time low of the year for the NASDAQ and then we went on that little relief rally when everybody thought oh we might be out of the recession the crash might be over and now we're crashing real hard as you guys know I've been predicting this all the experts have been predicting this if we take a look at crypto and Bitcoin it's actually been even more extreme with one Bitcoin being worth almost 70 000 a year ago now it's worth 18.8 000 USD crazy now if you guys have been following the videos consistently you'll know that I've been predicting this the experts have been predicting this right we're just in terrible macroeconomic situation right now and he has a U.S situation is terrible High inflation increasing interest rates once again they just had another increase couple days ago I also plan on certain items and then we have a surplus of Supply in stores like Walmart and Target which is terrible as you guys know typically when we're in a bad financial State Walmart and Target boom right because everyone wants cheaper alternatives but the fact that we're having a surplus of items in those stores is really quite scary obviously we have the war as well and people have to keep in mind as bad as the US is doing right now as far as inflation most places in Europe are doing a lot worse all their inflation is double tripled one of the US so that's something we have to keep in mind as well one thing I keep referencing back to and I'll keep doing it because it's an important one is that I knew trouble was striking end of last year and then this is when most of this news came out and Elon Musk and Jeff Bezos first started selling off a lot of shares from the respective companies Amazon and Tesla and you should know if you have Jeff Bezos Elon Musk Mark Zuckerberg Bill Gates all selling stocks like no tomorrow then you should be aware troubles on the horizon and that's exactly what's happening right now this isn't financial advice do your research by think things are gonna get worse before they get better but to keep it positive right now it's gonna be an amazing opportunity for a lot of you guys to take advantage the guys are able to invest into place that are well researched and high conviction then three four five years from now those are the guys who are going to be very well off people have to keep in mind that ight now is a time of opportunity right turn the bad mindset and turn into something positive with that guys the video is over let me know what you think of it down below please like the video subscribe to the channel like I said if you want to work with me one-on-one let me know in the comment section down below and as always guys stay Diversified
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