Elon Musk: Recessions are not a bad thing

 

 

"Recessions are not a bad thing. If you've a boom that goes on for too long you get misallocation of capital. It starts raining money on fools. If you've a company making useful products make sure you're not too close to the edge from the capital standpoint." — @elonmusk pic.twitter.com/gWzqMmAMHC

— Pranay Pathole (@PPathole) June 2, 2022