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Investor who predicted 2008 financial crisis comes up with another prediction — this time against AI
Shortly after sharing the posts, Burry's Scion Asset Management disclosed that it placed bets against two AI giants, Nvidia ...
The collapse of two companies could be an early warning on the state of the US financial system, according to the head of the Bank of England.
The 2007 implosion of two Bear Stearns hedge funds that invested in risky mortgage bonds led to the wider crash of the financial system, and as it turns out years later, a fairly sizable and eyebrow ...
Retail spending on non-essential goods in the U.S. has slumped by 4% in early 2025, a stark reminder of the 2008 financial crisis, according to economist Craig Shapiro. What Happened: The macro ...
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If You Had Bought Gold During the 2008 Financial Crisis, Here’s How Much You’d Have Today
The 2008 financial crisis had a worldwide rippling effect. The S&P 500 fell 38.5%, millions of homes went into foreclosure and U.S. households lost nearly $17 trillion in total wealth. No matter where ...
Nearly two decades ago, financial analyst Meredith Whitney was labeled the “Oracle of Wall Street” for her bearish views on banks ahead of the global financial crisis. Featured in “The Big Short” book ...
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