Florencia (she/her)@lemmy.blahaj.zone to People Twitter@sh.itjust.worksEnglish · 25 天前Economist Warns That Elon Musk Is About to Cause a "Deep, Deep Recession"lemmy.blahaj.zoneimagemessage-square100fedilinkarrow-up1609arrow-down110file-text
arrow-up1599arrow-down1imageEconomist Warns That Elon Musk Is About to Cause a "Deep, Deep Recession"lemmy.blahaj.zoneFlorencia (she/her)@lemmy.blahaj.zone to People Twitter@sh.itjust.worksEnglish · 25 天前message-square100fedilinkfile-text
minus-squareboonhetlinkfedilinkarrow-up1·22 天前He can, but if stocks fall 90%, he can buy 10x as much. If he shorts things on the way down, he can multiply his money first too. If this is played right, he could be worth tens or hundreds of trillions a decade or 2 from now.
minus-squareProfessorozone@lemmy.worldlinkfedilinkarrow-up1·22 天前I believe that’s what he’s going for.
He can, but if stocks fall 90%, he can buy 10x as much. If he shorts things on the way down, he can multiply his money first too.
If this is played right, he could be worth tens or hundreds of trillions a decade or 2 from now.
I believe that’s what he’s going for.