Politics

Bill Gates warns of another financial crash as bad as the 2008 Great Recession

Microsoft founder Bill Gates has warned the US will face another financial collapse on the same scale as the 2008 recession

BILL Gates has warned the United States is headed for another financial meltdown on the scale of the 2008 recession.

The billionaire Microsoft founder, 62, gave the stark prediction during an ‘Ask Me Anything’ Q&A on Reddit last week.

When asked if he thought the US would be hit by another major financial crisis he replied: “Yes. It is hard to say when but this is a certainty.”

The 2008 financial crisis was triggered in the US over problems in the country’s subprime property market and then grew into a devastating global recession.

Via The Sun

Featured Image: Masaru Kamikura/Flickr

The post Bill Gates warns of another financial crash as bad as the 2008 Great Recession appeared first on Intellihub.

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