By Tyler Durden | 7 April 2020
ZERO HEDGE — Infamous for his painful but ultimately profitable “big short” bet against mortgage-backed securities during the 2008 financial crisis, Michael Burry, the doctor-turned-hedge-fund-manager has been on a multi-day Twitter rant claiming that the lockdowns intended to contain the COVID-19 pandemic are worse than the disease itself.
Echoing the thoughts of many, Burry opined in a series of tweets over the past two weeks that the government-enforced lockdowns and business shutdowns across America may trigger one of the country’s deepest-ever economic contractions, and further still, are not necessary to contain the epidemic (on March 22nd).
COVID-19 policy cannot be settled by CYA politicians career ID docs. Too much hammer/nail and too little common sense.
POTUS must reflect the interests of the working class and small business here – the economy cannot crash 30% to save the 0.2%.
Set America Free!
If COVID-19 testing were universal, the fatality rate would be less than 0.2%.
This is no justification for sweeping government policies, lacking any and all nuance, that destroy the lives, jobs, and businesses of the other 99.8%.
Furthermore, Burry – who earned his M.D. at the Vanderbilt University School of Medicine – has also dared to say that some controversial treatments for COVID-19, such as the malaria drug hydroxycloroquine, should be made more widely available (on March 24). […]