Daily Poll: Bill Gates prophecy?
$Microsoft(MSFT.US$ founder Bill Gates said rising inflation and interest rates in Western economies would drive the world toward an economic slowdown "eventually."
"I'm afraid the bears on this one have a pretty strong argument that concerns me a lot," Gates said Sunday on CNN's "Fareed Zakaria GPS."
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Mr Trecherous : He should know, helping engineer it all
D Rock615 : don't really care what bill gates say or thinks personally.
Milk The Cow : Some ppls recommend to keep USD
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The interest rate is so high & maybe it's better off earning interest rate in funds/bonds
lightfoot : the economy has been sliding since Biden decided to destroy America. The death cross took effect Jan 20 2022. Gates and people with this foresight is Use a crystal ball. good sound stocks may become stale but buy low, be patience and know better times are coming. Biden hasn't raised the white flag yet and until he gives this nation to China we have a chance.
lightfoot : under Obama they didn't raise the rates. They threaten corporations to hold off on lay offs until the 2012 Election was over. These corporate boards fell to their knees to Obama.
lightfoot : I have lost faith in our nation. it is failing. war is the only answer/solution to save some of America. . maybe with war with Russia or China people might unite.
lightfoot : if you make money and I hope you do, during this era, you are great. so get with it, buy buy and buy. Rewards ahead
lightfoot : Gates is partially right. We fell for tech stocks. they failed. I knew they would. they grew too fast. we walked away from companies that got us here. sound companies with you positive earnings. I never made a dime on tech stock.
lightfoot : Microsoft was stale for a long time. stock had no energy. Then one day, boom. it didn't grow but bloomed all at once. I like appreciation with dividends. all these tech stocks will crash