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The liquidity crisis is the result of the big banks hoarding cash reserves to offset losses from bad loans and debt.
originally posted by: putnam6
originally posted by: intergalactic fire
Burry, the permabear
He's been wrong most of the time. Still waiting on his previous market crash predictions from the last decade.
This position was from a few months ago and looking at the markets since then he probably lost money and already is out of this position.
I don't know it's why I am asking, however, sure he has been wrong but, did he put up as much as he seems to have put up this time
and secondly, his position in the housing market lost mucho dinero for weeks and months, till it didn't