Market Insider: Michael Burry Sounds the Alarm on Shaky Markets - and Fears a Worse Disaster Than the Financial Crisis

Article by Theron Mohamed in Market Insider

Michael Burry, one of the few investors to see the financial crisis coming, fears the current market mayhem could be the prelude to an even greater catastrophe.

"Today I wondered aloud if this could be worse than 2008," Burry said in a now-deleted tweet on Thursday. "What interest rates are doing, exchange rates globally, central banks seem reactionary and in CYA mode," he added, using an acronym for "cover your a--."

Soaring rates, whipsawing currencies, and authorities scrambling to calm markets and prevent economic disasters are clearly red flags to Burry, and remind him of the frenzied run up to the Great Recession.

Other experts have voiced similar concerns, warning an .......

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