‘Big Short’ investor Michael Burry warns of losses ‘the size of countries’ if cryptocurrencies, meme …

“When crypto falls from trillions, or meme stocks fall from tens of billions, #MainStreet losses will approach the size of countries.

It is worth noting that Burry had taken a bullish stance on video-game retailer GameStop in 2019, a stock that saw a sharp rally driven by retail investors in January 2021.

In May, Burry’s Scion Asset Management reported a short position against Tesla worth more than half a billion.

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