Bill Gates, the world's richest man, believes the US economy will not fall into a slump because technological progress will help it to grow, he said in an interview with a German newspaper on Thursday.
The Microsoft co-founder told Bill he believed the severe turbulence on the global markets sparked by concerns of a recession in the United States would calm down.
"The US economy has been very strong in the last 10 to 15 years. Unfortunately I don't have a crystal ball to see into the next few years," Gates said.

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