Elon Musk believes a Recession may last till 2024

Paigambar Mohan Raj
Source: CNBC

Tesla CEO, Elon Musk believes that the global recession would last until the spring of 2024.

Musk recently responded to a tweet posted by Dogecoin (DOGE) creator, Billy Markus, pointing to how Coronavirus numbers are quite low. Markus further highlighted that all that was left to worry about was “the impending global recession and nuclear apocalypse.”

To Markus’ tweet, Musk replied that it would be nice to have a year without a horrible global event.

Upon seeing Elon Musk’s reply, a Twitter handle by the name of “Tesla Owners Silicon Valley”, asked how long he thinks the global recession would last. To this, Musk replied that it may last until the spring of 2024.

What does Elon Musk think about World War 3?

In the same Twitter thread, another handle asked the billionaire about the chances of World War 3 breaking out. Musk replied that it is unlikely another World War would break out. However, he did say that it is the closest we have been since the Cuban Missile Crisis of 1962.

Now, Elon Musk is one of the most powerful voices in the world. his tweets have often had big impacts on markets, especially the price of Dogecoin, which Musk has said is his favorite crypto project. Musk said that he likes the fact that the project does not take itself seriously, and he loves the irony that a coin created as a joke might become the global currency.

Musk has opened Tesla merchandise doors to DOGE payments. Furthermore, users can also pay DOGE for Tesla supercharging stations.

Moreover, Tesla is also one of the biggest holders of Bitcoin (BTC), the original cryptocurrency. Not only that, some fans even believe that Musk is the real Satoshi Nakamoto. Sahil Gupta has drawn some eerie comparisons between the two figures.