The Coffman Chronicle

The Coffman Chronicle

‘Big Short’ Investor Warns Venezuela Regime Change May Weaken Russia’s Global Standing

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Team Coffman Chronicle
Jan 08, 2026
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Michael Burry: U.S. attack on Venezuela weakens Russia

Michael Burry, the investor who correctly bet against the U.S. housing market before the 2008 crisis, says the overthrow of Venezuela’s Nicolás Maduro could weaken Russia’s global standing by diminishing the importance of Russian oil. According to Fortune, Burry made the remarks in his Substack newsletter Cassandra Unchained.

Burry’s view raises new geop…

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