Billionaire Peter Thiel warns of looming U.S. recession, blames ‘crazy’ budget deficit

Billionaire Peter Thiel warned of an imminent U.S. recession. The tech billionaire identified excessive government spending through “crazy” budget deficits as the reason for the looming recession. Thiel said the U.S. government should implement new reforms to prevent economic collapse. source: https://www.cryptopolitan.com/billionaire-peter-thiel-warns-of-recession/