Elon Musk JUST REVEALED How To Survive The 2023 Recession!
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It looks like we’re going into a recession in twenty twenty-three. Getting into that recession is still a debatable topic, but it is quite possible that the recession, if it would hit our economy, would be mild or extreme?What are the possible outcomes of recession hitting our present Market economy?And what can we do about this?
Put on your thinking hats as we dive into a wild introspection of a possible recession hitting in the year twenty twenty three. Tesla Inc. CEO Elon Musk has a “super bad feeling” about the economy and needs to cut about 10 percent of jobs at the electric carmaker, he said in an email to executives seen by Reuters. Elon Musk has warned of the imminent threat of a recession which is supposed to hit the economy in the year twenty twenty three to intensify if the US Federal Reserve raises the rates next week.
In a Twitter exchange, the mercurial electric car CEO and the world’s richest man has been quoted to say,”If the Fed raises rates again next week, the recession will be greatly amplified”. Earlier this year, in October, Musk projected that the recession could continue “until spring of twenty twenty four”.
With inflation still high and borrowing discouraged by increasing rates, many economists think there is a greater chance of a recession in 2023. Next week, the US government is expected to release their highest-profile inflation figure – which may show moderating inflation.
So it’s no coincidence that since June 2009, the US economy has contracted only once, in two short months, according to the National Bureau of Economic Research (NBER), the government agency that announces the official start and end dates of recessions…
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