The economic recession (which Musk said had begun) will last until about spring 2024.
Inaccurate ●●●●●
“Just guessing, but probably until spring of ‘24”
- Said on
- 21 October 2022 · Reply on Twitter when asked how long the downturn would last
- Source
- Elon Musk says we're already in a recession that could last until spring 2024, and only the strong will survive · Fortune
- Should come true
- Q2 2024
- How sure they sounded
- Just guessing, but probably
- Categories
- EconomyMarkets
- Importance
- 3 of 5 · A macro forecast of a long recession, made to a very large audience.
Outcome
Inaccurate
No recession took hold: the US economy grew 1.9% in 2022 and 2.5% in 2023, and NBER declared no recession in that period; global output also kept growing. The forecast of a recession lasting until spring 2024 did not come true.
- https://www.euronews.com/business/2024/01/25/good-news-for-us-as-growth-shows-surprise-jump
- https://www.rawstory.com/resilient-u-s-economy-defies-recession-fears-to-cap-solid-year/
History
- 2026-10-16 23:57:34 · created by claude
- 2026-10-16 23:57:34 · categorized by claude
- 2026-10-16 23:58:06 · scored by claude
- 2026-10-16 23:58:32 · categorized by claude