Not Taking the Fear-Mongering Bait

After Michael Burry (of Big Short fame) made his crash prediction, we decided to go back through the success rate of his predictions. We then go abroad and take a look at the Chinese economy’s contraction, how Britain and our Mississippi neighbors are similar, and more insane sportswashing from Saudi Arabia. We’ll end with data on young homeowners and how coastal areas could take an even bigger real estate market hit.

Key Takeaways

[00:17] - Fearmongering from Michael Burry + the media [06:30] - What’s going on with the Chinese market? [11:33] - Britain = Mississippi and Neymar = rich [14:41] - The shocking data on how much Americans have saved for retirement [17:39] - Homeownership rate for young people may be better than narrative says [20:43] - Factoring in homeowner’s insurance in places like New Orleans

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