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Elon Musk responded to a tweet concerning the coming recession in 2023.
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The Fed must immediately reduce interest rates. Twitter owner tweets that they are increasing the likelihood of a severe recession.
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Elon Musk has warned several times about the coming recession.
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The Tesla CEO predicted earlier that the recession would last until spring 2024.
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The Bank of England warned of a prolonged recession and set the most significant rate increase in 33 years.
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Musk responded to a tweet saying that he agreed with the Federal Reserve's decision to raise interest rates too late.
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Elon Musk lost almost $100 billion in this year's financial year. This is the most he has ever suffered in one year.
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