Predictions from the world's richest man.
Musk responded to a tweet about "there are currently 936 startups valued at more than $1 billion, saying that if history can be used as a reference, then most startups won't be able to weather the next recession.
Asked further when he thought the next recession would occur, Musk said, "Forecasting the macro economy is challenging." My hunch is that recession will come around the spring or summer of 2022, no later than 2023. ”
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