Bill Gates: Another Major Financial Crisis in U.S. ‘A Certainty’

5.4k views

Microsoft co-founder Bill Gates warns Americans that another financial crisis like the one in 2008 that led to the Great Recession “is a certainty.”

During a Reddit “Ask Me Anything,” Gates was asked whether the U.S. will have to face another crisis similar to the one in 2008, to which he replied, “Yes.”

“It is hard to say when but this is a certainty,” he said.

Gates added, “Fortunately, we got through that one reasonably well."

A business magnate, investor, author and philanthropist, Gates is the second richest man in the world, only recently dethroned as number one by Amazon CEO Jeff Bezos.

While Gates expressed that another financial crisis is inevitable, he ended his response on a more reassuring note:

"Despite this prediction of bumps ahead, I am quite optimistic about how innovation and capitalism will improve the situation for humans everywhere," he said.

For climate alarmists, Gates also said that he is “optimistic we will figure out how to avoid destroying the planet.”

He said that contrary to popular opinion, growing the world economy does not necessarily correlate with depleting the Earth’s natural resources, as “most resources don’t get ‘destroyed.’”

(Cover Photo: Wikimedia Commons)

Thank you for supporting MRCTV! As a tax-deductible, charitable organization, we rely on the support of our readers to keep us running! Keep MRCTV going with your gift here!

 

MRCTV Reader,

The media are hard at work weaving a web of confusion, misinformation, and conspiracy surrounding the COVID-19 pandemic.

This is why MRCTV, a program of the MRC, exists—to broadcast conservative values, culture, politics, expose media bias, and provide entertainment to new and diverse audiences. But we can’t do it alone. We are part of the only organization purely dedicated to this critical

Donate today to help MRCTV continue to produce videos and commentary that are seen far and wide. $25 a month goes a long way.

And now, thanks to the Coronavirus Aid, Relief, and Economic Security (CARES) Act, you can make up to a $300 gift to the 501(c)(3) non-profit organization of your choice and use it as a tax deduction on your 2020 taxes, even if you take the standard deduction on your returns.

— The MRCTV Team

DONATE

Connect

Sign up for MRCTV Daily newsletter to receive the latest videos and commentary.

MRC Merch