Elon Musk has predicted another recession within the next two years. Who doesn't know Elon Musk? His name must have been heard even by those who do not know anything about him. Elon Musk always takes the headlines by tweeting.
Sometimes Dogecoin and sometimes they are seen tweeting on the economy of the world. One of his tweets has the power to change the fortunes of any company. He has such a unique personality.
Due to the Corona epidemic, people have not yet recovered from the shadow of the recession on the economies around the world. Elon Musk, the world's richest man and owner of companies like tesla and SpaceX, Another recession has been predicted within the next two years.
Why did Elon Musk make such a big prediction?
Actually, there is an American journalist named christopher Mims. Who had posted a list of 936 such startup companies on twitter in today's time.
Their valuation has exceeded 1 billion dollars, and they are now called Unicorn Companies. christopher Mims tweeted that "This is a list of 936 startups whose value has crossed $1 billion today."
At the same time, christopher also asked a question, "How many of these companies will remain after 5 years from today or how many more such companies will come up? What do you think?"
What was it then, when Elon Musk saw this tweet, he gave a very shocking answer to it. Musk said, "If history repeats itself, many of these businesses will not be able to endure the next recession." That is, they will be closed."
At the same time, a twitter user asked Musk, in response to the tweet, "What do you think, when is the next recession going to come?" After that, Musk predicted a recession.
Elon Musk said, "Forecasting many points related to the economy, like inflation is a very challenging task. Although it seems to me that it may come towards the end of 2022 or in the spring season. Even if it is too late, there will definitely be a recession by 2023.
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