RECEIPT #MICHAE
NOV 29, 2022
PREDICTION BY
Michael Burry“What strategy will pull us out of this real recession? What forces could pull us so? There are none. So we are really looking at an extended multiyear recession.”
FOLLOW-UP
While the US did experience a brief recession (two quarters of negative GDP), it was shallow and short-lived, with GDP growth resuming, contrary to the 'extended multiyear' prediction.
ORIGINAL SOURCE
Fortune