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John Burbank: Next market crisis is upon us

John Burbank, Passport Capital
Rick Wilking | Reuters
John Burbank, Passport Capital

Hedge fund manager John Burbank, who successfully bet against subprime mortgages during the 2007 housing crisis, believes the extraordinary accommodative policy of the Federal Reserve and its forthcoming undoing will cause the next financial disaster, according to a new interview with Real Vision, an on-demand video platform for finance.

The founder of Passport Capital, which has more than $4.1 billion in assets, said in the interview:

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