Tuesday, October 25, 2022

9 Billionaires Who Say a Recession Is Imminent

Elon Musk
DELBO ANDREA / Shutterstock.com

The debate continues about whether the U.S. is currently in a recession. What seems beyond argument, however, is that many of the world’s richest people believe that if a downturn hasn’t yet arrived, it is almost inevitable within the next year. Although the U.S. recently had two consecutive quarters of negative growth in its gross domestic product — which is how many traditionally define a...



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