Michael Burry, one of the most visible and credible skeptics on market conditions, has been silenced by Twitter for warning his followers that the markets are vastly overinflated and the nation is headed towards Weimar-style hyperinflation.
“The Big Short” investor was apparently paid a visit by the Securities and Exchange Commission (SEC), prompting him to remove all of his tweets and issue a farewell message.
“Tweeting and getting in the news lately apparently has caused the SEC to pay us a visit. Lovely,” Burry tweeted, along with a link to the song “Lovely” by the group Suicidal Tendencies.
Burry, who runs Scion Asset Management, announced earlier in the month before this farewell message that he would be taking “a break” from Twitter. He continued tweeting, however, only to announce several weeks later that he would be calling it quits on Twitter.
Business Insider tried to contact the SEC for comment on Burry’s statement that it had paid him “a visit.” The corrupt regulatory body did not respond with a comment.
Many know Burry for a tweet he authored back in 2019 that presented a contrarian bull case for the floundering brick-and-mortar store GameStop, which recently soared due to a short squeeze.
It would appear as though the SEC might be after Burry for helping the little guy, rather than the hedge funds.
“More than a year later, that bull case was seemingly repurposed by a YouTube using the handle ‘RoaringKitty’ in a series of videos,” reports Zero Hedge. “We all know what happened next.”
When GameStop reached epic highs, Burry solidified his reputation as one of the most well-respected and credible market analysts out there. He often defied the mainstream media and government narratives, and for that he had to be punished.
More related news about SEC corruption can be found at Corruption.news.
It is this writer’s guess that the SEC, which always sides with big money as opposed to ordinary Americans, threatened to silence Burry another way if he refused to voluntarily silence himself.
Chances are the SEC threatened Burry with false accusations of “market manipulation” for providing people the same types of market analyses as television stock market analysts like Jim Cramer – just from a different perspective.
In order to freely analyze stock, one must do so with the wealthy in mind. The only information that is acceptable is the kind that makes the rich richer and the poor poorer. Anything else is “market manipulation,” according to the SEC.
Perhaps more Americans than ever now realize that the markets are rigged in favor of the uber-wealthy, and always have been. Ordinary folks might get lucky or figure out a few tricks, but nobody can help them do so because that would be “illegal.”
Meanwhile, truth-tellers like Burry are told to hit the road, or else. This is crony capitalism in action, and it is only getting worse as an increasingly complacent American public turns a blind eye to all the raping and pillaging that both big banks and big governments are perpetrating on the masses.
“Can’t have any mainstream people worried about inflation,” joked one Zero Hedge commenter, adding that “this belief system in fiat money is hanging on by a thread.”
Another noted that the SEC is little more than a “revolving door full of criminals waiting to quit and work in Wall Street.”
“Every alphabet agency has several full SWAT teams, as well as ‘security’ departments,” noted another. “We live in a communist police state, you know.”
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