<p><a href="https://www.dailywire.com/topic/elon-musk" target="_blank" rel="noopener">Elon Musk</a> predicted a global recession that could last until 2024.</p>
<p>In a Twitter exchange Thursday, Musk predicted that a global recession would last until Spring of 2024. Musk&#8217;s prediction follows comments he made earlier this week saying that many of the major economies are already in recessions. It also follows warnings from fellow titans of industry Jeff Bezos and Jamie Dimon, who have also warned in recent days about a coming recession.</p>
<p>The exchange began with a tweet from Billy Markus, the creator of the Dogecoin cryptocurrency. &#8220;[O]h wow coronavirus numbers are actually pretty low [I] guess all we have to worry about now is the impending global recession and nuclear apocalypse,&#8221; Markus wrote on Twitter.</p>
<p>&#8220;It sure would be nice to have one year without a horrible global event,&#8221; Musk replied.</p>
<blockquote class="twitter-tweet">
<p dir="ltr" lang="en">It sure would be nice to have one year without a horrible global event</p>
<p>— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1583320075591110657?ref_src=twsrc%5Etfw">October 21, 2022</a></p></blockquote>
<p>Then a Twitter account called Tesla Owners Silicon Valley replied to Musk, asking how long and how bad the recession would be.</p>
<p>&#8220;How long you think the recession will last,&#8221; Tesla Owners Silicon Valley asked.</p>
<p>&#8220;Just guessing, but probably until spring of ‘24,&#8221; Musk replied.</p>
<blockquote class="twitter-tweet">
<p dir="ltr" lang="en">Just guessing, but probably until spring of ‘24</p>
<p>— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1583320632174837760?ref_src=twsrc%5Etfw">October 21, 2022</a></p></blockquote>
<p>&#8220;How much worse do you think it will get??&#8221; Tesla Owners Silicon Valley asked. &#8220;Like a little worse or a ton worse?&#8221;</p>
<p>&#8220;Varies a lot,&#8221; said Musk. &#8220;Tesla &amp; SpaceX are in good positions, but many other companies are not. Recessions do have a silver lining in that companies that shouldn’t exist stop existing.&#8221;</p>
<blockquote class="twitter-tweet">
<p dir="ltr" lang="en">Varies a lot. Tesla &amp; SpaceX are in good positions, but many other companies are not.</p>
<p>Recessions do have a silver lining in that companies that shouldn’t exist stop existing.</p>
<p>— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1583340073319530497?ref_src=twsrc%5Etfw">October 21, 2022</a></p></blockquote>
<p>Musk&#8217;s comments on Twitter follow comments he made about the <a href="https://www.dailywire.com/news/elon-musk-makes-bold-predictions-about-tesla-performance-global-recession-twitter-deal" target="_blank" rel="noopener">state of the global economy</a> at Tesla&#8217;s quarterly earnings call on Wednesday. After Tesla shareholders asked about the global economy and its impacts on business in China, Musk remarked that the communist nation is experiencing “a recession of sorts,” while Europe is likewise seeing “a recession of sorts driven by energy.”</p>
<p>Musk believes that North America, in contrast, is in “pretty good health,” although he said that the Federal Reserve is raising rates too quickly and will eventually adopt a more even-handed approach.</p>
<p>Musk is not the only billionaire CEO sounding the alarm about the prospect of a recession, whether in the U.S. or globally. Amazon CEO <a href="https://twitter.com/JeffBezos/status/1582517044020273152?s=20&amp;t=b8qY6r10LgSKLcH1U-Pg6A" target="_blank" rel="noopener">Jeff Bezos</a> endorsed a prediction of a recession in the United States by Goldman Sachs CEO David Solomon. &#8220;Yep, the probabilities in this economy tell you to batten down the hatches,&#8221; Bezos wrote on Twitter Tuesday.</p>
<p>On Monday, JPMorgan Chase CEO <span class="person-popover" data-nid="30749"><a href="https://thehill.com/policy/finance/3681676-jamie-dimon-warns-us-faces-likely-recession-next-year/" target="_blank" rel="noopener">Jamie Dimon</a> also predicted a recession in both the U.S. and the global economy. &#8220;</span>These are very, very serious things which I think are likely to push the U.S. and the world — I mean, Europe is already in recession — and they’re likely to put the U.S. in some kind of recession six to nine months from now,” Dimon said at an event with CNBC.</p>
<p>Despite these stark warnings from some of the top CEOs in the country, <a href="https://www.dailywire.com/news/joe-biden-between-bites-of-ice-cream-brags-the-economy-is-strong-as-hell-ice-cream-prices-are-up-13-6" target="_blank" rel="noopener">President Joe Biden</a> and the Biden administration are continuing to downplay or deny the threat of a recession. “Our economy is strong as hell,” Biden told a reporter at a Baskin Robbins in Gresham, Oregon, last week. “The internal — inflation is worldwide, it’s worse off everywhere else than it is in the United States. So the problem is a lack of economic growth and sound policy in other countries, not so much ours.”</p>
<p><em>Ben Zeisloft contributed to this report.</em></p>

<script async src="https://www.instagram.com/embed.js"></script>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<script async src="https://www.tiktok.com/embed.js"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

Elon Musk Predicts How Long Global Recession Will Last

CONTINUE READING

Comer Says He ‘Can’t Track Down The Informant’ In Biden Family Investigation

Autistic Grocery Clerk Fired From California Supermarket After He Was Violently Assaulted Three Separate Times: Report

Justice Is…Bovine? Herd Of Cows Helps Round Up Criminal In North Carolina

Gavin Newsom’s Revised Budget Will Make California’s Budget Deficit Worse, Even As State Mulls Enormous Reparations Package

Oklahoma Police Run Toward To Cries For ‘Help’, Coming From A Very Upset Goat

California’s Reparations Committee Wants State To Apologize For Ronald Reagan Coining ‘Welfare Queens.’ Except, He Didn’t.

News

Elon Musk

Jamie Dimon

Jeff Bezos

Recession

Twitter

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Evening Wire: Lebanon Ceasefire Begins & Murder-Suicide Rocks VA | 4.16.26

The Pendragon Cycle

Menu

— News —

Elon Musk Predicts How Long Global Recession Will Last