Burry Warns: Fed's New Move Signals Banking System Weakness
Update: 2025-12-12
Description
Michael Burry, known for predicting the 2008 financial crisis, warns of another potential issue in the US financial system. The Federal Reserves plan to buy short-term Treasury bills, starting December 12th, is concerning to Burry. He believes this indicates the banking systems fragility and the Feds need to permanently expand its balance sheet post-crisis. Burry is avoiding bank stocks and keeping funds in cash or Treasury money market funds.
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