Latest / The Shannon Joy Podcast
Michael Burry Drops Bombshell On Nvidia-xAI Deal Calling It FUGAZI !
There’s no money honey.
And retirement accounts are at extreme risk.
Michael Burry is the brilliant investor who famously predicted the 2008 housing crash and made a fortune betting against it while everyone else lost big.
The movie The Big Short (with Christian Bale playing him) made him a household name and now he’s sounding the alarm again, calling the massive Nvidia-xAI deal “Fugazi” (fake) because it uses shell companies, hidden debt, and complex financing that quietly shifts huge risks onto retirees’ savings — just like the housing bubble.
Is Elon Musk’s xAI empire and Nvidia’s massive…
The skinny
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