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What if the Financial-Crisis Doomsayers Are Right?
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What if the Financial-Crisis Doomsayers are Right? In 2008, Michael Burry predicted the biggest housing bubble burst in American history. That housing bubble burst centered around high debt-to-income ratios with low to poor credit, causing a recession that many will not soon forget. Some say that the next financial crisis will be even greater, and many financial analysts are warning us now to brace ourselves for it. But how do we know if their predictions are correct?
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