Mandesy
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- Mar 22, 2018
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'It's hard to say when but this is a certainty': Bill Gates warns another financial crisis is coming like the 2008 Great Recession
PUBLISHED: 05:52 BST, 14 April 2018 | UPDATED: 16:26 BST, 14 April 2018
Bill Gates, who participated in a Reddit 'Ask Me Anything' says that a financial crisis similar to the 2008 Great Recession is a certainty in the near future.
When the recession hit in 2008, millions of Americans lost their jobs, and it took years for the economy to recover, with people and industries still seeing ripple effects.
According to Microsoft co-founder Bill Gates another one is heading to the USA, but he has a more positive spin on it.
Gates was asked if, in the near future there will be a similar crisis to the one in 2008, and he responded: 'Yes. It is hard to say when but this is a certainty,' according to CNBC.
Read more: Bill Gates warns another financial crisis coming like 2008 Recession | Daily Mail Online
Follow us: @MailOnline on Twitter | DailyMail on Facebook
- Bill Gates participates in a Reddit 'Ask Me Anything' and ansered a question about if America will see another financial crisis like in 2008
- He said it is certain there will be another, but it is hard to tell exactly when
- However, he added, America, and the world's economy is bright in the long-term
PUBLISHED: 05:52 BST, 14 April 2018 | UPDATED: 16:26 BST, 14 April 2018
Bill Gates, who participated in a Reddit 'Ask Me Anything' says that a financial crisis similar to the 2008 Great Recession is a certainty in the near future.
When the recession hit in 2008, millions of Americans lost their jobs, and it took years for the economy to recover, with people and industries still seeing ripple effects.
According to Microsoft co-founder Bill Gates another one is heading to the USA, but he has a more positive spin on it.
Gates was asked if, in the near future there will be a similar crisis to the one in 2008, and he responded: 'Yes. It is hard to say when but this is a certainty,' according to CNBC.
Read more: Bill Gates warns another financial crisis coming like 2008 Recession | Daily Mail Online
Follow us: @MailOnline on Twitter | DailyMail on Facebook