September 07, 2008

US economy to remain strong - Mr Bill Gates

Mr Bill Gates in an interview with German newspaper said that believes the US economy will not fall into a slump because technological progress will help it to grow.

He said that “The US economy has been very strong in the last 10 to 15 years. Unfortunately I do not have a crystal ball to see into the next few years. But I am an optimist. The US economy could remain strong in the next few years because technological progress will propel it.”

He added that “I’m no expert on shares, I am a software person. I look at the share price every couple of weeks.”

He also said that the important thing is that in the past it has gone up far more often than it has gone down.”