š Cardano Founder Warns: U.S. Recession Risk Rising
Charles Hoskinson warns the U.S. could face a significant recession if global pressures converge:
š¹ Key Risks:
⢠AI bubble burst
⢠Western allies shifting trade & investment toward China
⢠Rising retaliatory tariffs in Europe
š¹ Impact:
⢠Reduced foreign investment ā lower U.S. consumption
⢠Potentially losing up to 50% of trading partners over 3ā5 years
⢠Economic slowdown unless timely policy intervention occurs
ā ļø Takeaway: Geopolitics + tech bubbles = elevated recession risk. Action now could prevent economic downturn.
