‘It’s hard to say when but this is a CERTAINTY’: Bill Gates warns another financial crisis is coming that will match the Great Recession of 2008

Saturday, April 14, 2018
By Paul Martin

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

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.

He added, ‘Fortunately, we got through that one reasonably well. Warren has talked about this and he understands this area far better than I do.’

Both Warren and Gates, who are longtime friends, have been optimistic about the economy in general.

Buffet has said years of growth ‘certainly lie ahead,’ and ‘most American children are going to live far better than their parents did.’

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