Dr. Michael Burry predicts the downfall of America via hyperinflation

Dr. Michael Burry

Dr. Michael Burry, a man shrouded in mystery following his sudden disappearance from Twitter in mid-March. Before deleting his profile Burry had been shouting warning after warning about the rampant speculation and excessive valuations in the financial markets. Most notably in Feb, he had stated that the stock market was quote “dancing on a knife’s edge,” and slammed stock-trading app Robinhood as a “dangerous casino”. But it was not until his dire warnings about upcoming hyperinflation, comparing the United States with the Weimar Republic that officials really began to grow concerned.

According to various reports, Burry was visited by SEC officials who supposedly warned him about his Twitter behavior and how it could be influencing the markets. These last tweets before the profile was deleted are very very interesting and open a portal into the mind of a man well known to predict severe market downfalls.

In today’s video, we examine these horrifying tweets that suggest a rather uncomfortable truth about the future of America and its thriving economy.


Ballooning commodity prices are about to hit consumers in a BIG WAY

Couple Grocery Shopping

Mark writes: If you need it soon, buy it now. If you need it long term, figure out how to make/grow it.

Remember these choice quotes from Cyberpolygon 2020?
(Hear them in video here: iceagefarmer.com (https://www.iceagefarmer.com/2020/11/15/next-crisis-bigger-than-covid-power-gridfinance-down-wefs-cyber-polygon/) )

Jeremy Jurgens, WEF Managing Director:
“I believe that there will be another crisis. It will be more significant. It will be faster than what we’ve seen with COVID. The impact will be greater, and as a result the economic and social implications will be even more significant.”

Klaus Schwab:
“We all know, but still pay insufficient attention, to the frightening scenario of a comprehensive cyber attack could bring a complete halt to the power supply, transportation, hospital services, our society as a whole. The COVID-19 crisis would be seen in this respect as a small disturbance in comparison to a major cyberattack.”

There is a looming cyberattack on supply chains and our food supply. Prepare.


Electric Car Maths

Eric test drove the Chevy Volt at the invitation of General Motors and he writes, “For four days in a row, the fully charged battery lasted only 25 miles before the Volt switched to the reserve gasoline engine.” Eric calculated the car got 30 mpg including the 25 miles it ran on the battery. So, the range including the 9-gallon gas tank and the 16 kwh battery is approximately 270 miles.
It will take you 4.5 hours to drive 270 miles at 60 mph. Then add 10 hours to charge the battery and you have a total trip time of 14.5 hours. In a typical road trip your average speed (including charging time) would be 20 mph.

According to General Motors, the Volt battery holds 16 kwh of electricity. It takes a full 10 hours to charge a drained battery. The cost for the electricity to charge the Volt is never mentioned, so I looked up what I pay for electricity.

I pay approximately (it varies with amount used and the seasons) $1.16 per kwh. 16 kwh x $1.16 per kwh = $18.56 to charge the battery. $18.56 per charge divided by 25 miles = $0.74 per mile to operate the Volt using the battery. Compare this to a similar size car with a gasoline engine that gets only 32 mpg. $3.19 per gallon divided by 32 Mpg = $0.10 per mile.

The gasoline powered car costs about $25,000 while the Volt costs $46,000 plus. So the Canadian Government wants loyal Canadians not to do the math, but simply pay twice as much for a car, that costs more than seven times as much to run, and takes three times longer to drive across the country.