Founder of Scion Asset Management, Michael Burry, has stated that the United States is currently experiencing a period of economic decline and anticipates a renewed surge in inflation rates. Sharing his views on Twitter recently, Burry remarked that the country is, “experiencing a downturn from every angle,” and projected a forthcoming inflation upsurge due to potential actions by the Federal Reserve and government stimulus packages. The report was presented by Justina Lee on Bloomberg Television.
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Source: YouTube/Bloomberg Television
