https://cointelegraph.com/news/global-recession-may-last-until-near-2024-bitcoin-halving-elon-musk

The world could be stuck with recession until Spring 2024, Musk guesses in a fresh blow to the risk asset outlook.

Bitcoin may spend the time until its next block subsidy halving battling recession, Elon Musk suggested.

In a tweet on Oct. 21, the Tesla CEO revealed his belief that the world would only exit recession in Spring 2024.

After the United States entered a technical recession with its Q3 GDP data, debate continues over how much worse the scenario could get.

For Musk, while long predicting the United States economy would enter a recession, the likelihood of a global downturn lingering is now real.