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John Paulson: cryptocurrency is a bubble. "it will eventually prove worthless." No one is advised to invest.
Ever since John Paulson succeeded in shorting the US housing market more than a decade ago, people have been asking him what the next big deal will be. The billionaire has yet to find anything comparable to his massive short selling. As the subprime mortgage market collapsed and triggered the worst financial crisis since the Great Depression, Paulson made $20 billion for himself and his investors-an insurmountable peak. Now, however, more than 14 years after mortgage-backed securities (CDO) and credit default swaps (CDS) attracted everyone's attention, Paulson is once again seeing overinvestment.
新浪科技Aug 30, 2021 13:12