Bill Gates warns of another financial crash as bad as the 2008 Great Recession


Microsoft founder Bill Gates has warned the US will face another financial collapse on the same scale as the 2008 recession

Bill Gates has warned the United States is headed for another financial meltdown on the scale of the 2008 recession.

The billionaire Microsoft founder, 62, gave the stark prediction during an ‘Ask Me Anything’ Q&A on Reddit last week.

When asked if he thought the US would be hit by another major financial crisis he replied: “Yes. It is hard to say when but this is a certainty.”

The 2008 financial crisis was triggered in the US over problems in the country’s subprime property market and then grew into a devastating global recession.

Via The Sun

Featured Image: Masaru Kamikura/Flickr
The Shepard Ambellas Show is an all original fast-paced comedy, variety, news show where nearly everything goes. Shepard Ambellas is the founder and editor-in-chief of the popular independent news website (news and politics). Bethany Adoni sits shotgun. The Shepard Ambellas Show airs LIVE weekdays (Mon-Fri) on the Shepard Ambellas YouTube channel from 5-7 pm Eastern/4C/2P. Subscribe now! Turn notifications on immediately. The show is nationally syndicated on iHeart Radio. An archived version of the show is also available on Apple Podcasts, Spotify, Google Podcasts, Castbox, Deezer, Podcast Addict, Podchaser, JioSaavn, and Spreaker for you listening pleasure.