Goldtent TA Paradise

U.S. regulators unveiled an emergency plan on Sunday, to avoid contagion from the collapse of Silicon Valley Bank.

He is not happy and did not hesitate to let it be known. Legendary investor Michael Burry was among the few dissenting voices to the emergency plan.

“2000, 2008, 2023, it is always the same,” the hedge fund manager, who became famous for his successful bet against the subprime mortgages that led to the 2008 Financial crisis, lambasted. “People full of hubris and greed take stupid risks, and fail. Money is then printed. Because it works so well.”