"Hedge Fund Titan Predicts Imminent Pop of Historic Credit Bubble"

Mark Spitznagel, founder and CIO of hedge fund Universa Investments, known for tail-risk hedging, warns of the "greatest credit bubble in human history" and a "tinderbox" economy. However, he advises retail investors to focus on the long term and not bet against America. Spitznagel believes that classic safe-haven strategies may not be cost-effective and supportive of higher overall returns. While he is concerned about the future of the stock market, he doesn't recommend retail investors try trading options or betting against the market. Despite potential economic disaster, he believes markets always recover, even from unexpected black swan events.