Musk raises concerns over US economy ...News

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Musk raises concerns over US economy
The country is probably in a recession that could last up to 18 months, he said Billionaire Elon Musk said on Monday that the US economy is probably in a recession that could last anywhere from a year to 18 months. He suggested, however, that recessions aren’t necessarily a bad thing, adding that he’s been through a few of them in his time in public companies. “These things pass and then there will be boom times again,” he told the All-In Summit in Miami Beach. “It will probably be some tough going for, I don’t know, a year, maybe 12-18 months.” Musk went on to say, “What tends to happen is, if you have a boom tha

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