Michael Burry, famed for “The Big Short,” says markets are underestimating the long‑term impact of the US raid on Venezuela. He called the seizure of Nicolás Maduro and control of Venezuelan oil a “paradigm shift” for global energy.
Venezuela Raid Changing the Game
Burry argued the US will benefit while China, Russia, Canada, and Mexico lose leverage. He warned Chinese tech stocks could face volatility if sanctions escalate, and noted Russian oil has become less important. US oil‑services firms may gain from rebuilding Venezuela’s infrastructure, while cheaper fuel could ease costs for consumers and businesses, creating a long‑term tailwind for the American economy.
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