In a similar exchange on Oct. 24, the world's richest man estimated a global recession could last 'until the spring '24.'
The remarks came in an exchange with Tesmanian co-founder Vincent Yu in which several others participated.
Later in the thread, NorthmanTrader founder Sven Henrich observes that the Fed"stayed too easy for too long totally misreading inflation and now they've tightened aggressively into the highest debt construct ever without accounting for the lag effects of these rate hikes risking they'll be again late to realize the damage done.
"until the spring '24," though he noted he was"just guessing." That prediction came amid a slew of economic warnings from other business executives including Amazon CEO
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