đ Cardano Founder Warns: U.S. Recession Risk Rising
Charles Hoskinson warns the U.S. could face a significant recession if global pressures converge:
đč Key Risks:
âą AI bubble burst
âą Western allies shifting trade & investment toward China
âą Rising retaliatory tariffs in Europe
đč Impact:
âą Reduced foreign investment â lower U.S. consumption
âą Potentially losing up to 50% of trading partners over 3â5 years
âą Economic slowdown unless timely policy intervention occurs
â ïž Takeaway: Geopolitics + tech bubbles = elevated recession risk. Action now could prevent economic downturn.