Although Bill Gates is no longer the richest man in the world, he still has a presence in the list of the ten richest people. It is very common for the media to ask them questions about the direction of the world, the global economy and other issues of public interest, because being the wealthiest it is considered that they can give an objective look about it.
For his part, Bill Gates, co-founder of Microsoft, has repeatedly spoken out about the coronavirus pandemic and its consequences. That is why a few weeks ago, the CNN program ‘Fareed Zakaria GPS’ invited Gates to talk about various global problems. In this program he was asked about Russia’s war against Ukraine and the consequences that it may have.
In the statements, Bill Gates predicts a series of risks that in fact are already looming and that may worsen in the coming months, according to the billionaire. He believes that the war will leave serious economic damage worldwide during the remainder of 2022 and the next few years. He commented that the war will undoubtedly add to the COVID-19 pandemic “after which public debt levels were already very, very high, and there were already problems in the supply chain.” Put like this, Bill Gates declares that “it is probable that [la guerra] accelerate the inflationary problems that the economies of the rich world have and that forces an increase in interest rates that will end up causing an economic slowdown”.
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And it is that Gates’ forecasts are not far from reality. Just like the US Federal Reserve, like other central banks around the world, they have raised interest rates in order to counter rising inflation. For its part, the European Central Bank (ECB) announced an increase of 0.25% since July and another increase in September that could reach 0.5%.
On the other hand, yesterday, July 13, Bill Gates wrote a thread on twitter where he talks about the different crises that threaten the world. Among them, he talked about global warming, again about the war between Ukraine and Russia, social inequality, poverty, etc. And he concluded the thread by announcing that he will be donating most of his fortune to the Bill and Melinda Gates Foundation.