‘Big Short’ investor Michael Burry says toppling of Venezuela’s Maduro will weaken Russia’s global standing as its oil ‘just became less important’

(Credit: Jim Watson—AFP via Getty Images)

The Big Short investor Michael Burry says Venezuela’s recent U.S.-led regime change could weaken one of America’s biggest adversaries.

Burry, who correctly predicted the subprime mortgage crisis in 2008, said Russia may face consequences after the U.S. toppled Venezuelan President Nicolás Maduro early Saturday, the investor wrote in a post on his Substack newsletter, Cassandra Unchained.