VIX is close to bottoming out? A prolonged downturn that’s worse than 2000 or 2008 is looming

Get ready for a prolonged downturn that’s worse than 2000 or 2008, billionaire VC Doug Leone says

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  • Sequoia Capital partner Doug Leone warned today’s economic downturn was “more difficult and more challenging” than recessions in 2000 and 2008.
  • Tech leaders and investors have been forced to reckon with higher interest rates and deteriorating macroeconomic conditions.
  • Leone said he doesn’t expect the economy to recover until at least 2024.

h/t  Player89

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