When the world's richest man says that the US economy will not fall into a slump because technological progress will help it to grow, people listen.Microsoft co-founder Bill Gates wants the world to know that the severe turbulence on the global markets sparked by concerns of a recession in the United States would calm down.
"...I am an optimist. The US economy could remain strong in the next few years because technological progress will propel it."
In Germany to announce that Microsoft will spend 235 million dollars (161 million euros) over the next five years to introduce more computers into classrooms, today Gates is in Davos, Switzerland addressing the World Economic Forum . Gates led the Rich List compiled by Forbes magazine for the 13th year in 2007 with an estimated fortune of 56 billion dollars.