Looking forward to the BTC halving? You may be in recession till then, suggests ElonMusk.
In a
on Oct. 21, the Tesla CEO revealed his belief that the world would only exit recession in Spring 2024.After the United States entered a technical recession with its Q3 GDP data, debate continues over how much worse the scenario could get.the U.S. economy would enter recession, the likelihood of a global downturn lingering is now real.
Asked on Twitter how long he considered a recession to last, the world’s richest man was noncommittal, but erred on the side of years rather than months. “Just guessing, but probably until spring of ‘24,” he wrote, having also said that “it sure would be nice to have one year without a horrible global event.”Still sensitive to macro market moves, BTC/USD dipped below $19,000 on the day, data from
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