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Bill Gates on the next few months of COVID-19: ‘It’s bad news’

Bill Gates, co-founder of Microsoft MSFT, +1.30%, offered up some “bad news” in a CNN interview on Sunday for those feeling optimistic over the imminent U.S. arrival of the first COVID-19 vaccine.

Bill Gates on the next few months of COVID-19: ‘It’s bad news’

Bill Gates on the next few months of COVID-19: ‘It’s bad news’

STEPANAKERT, DECEMBER 14, ARTSAKHPRESS:  In other words, keep expectations for the vaccine’s impact in check, Marketwatch.com reports, citing the interview.

“I thought the US would do a better job handling it,” Gates explained to CNN host Jake Tapper. “This virus could be more fatal than it is. We didn’t get the worst-case. But the thing that has surprised me is that the economic impact in the US and around the world has been much greater than the forecasts that I made five years ago.”

Gates also said that we can expect the world to start its long-awaited return to normalcy as early as the summer of 2021, with a few caveats.

“Even through early 2022, unless we help other countries get rid of this disease and we get high vaccinations rates in our country, the risk of reintroduction will be there,” he said. “And, of course, the global economy will be slowed down, which hurts America’s economy in a pretty dramatic way. “


     

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