this post was submitted on 21 Feb 2025

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Economist Warns That Elon Musk Is About to Cause a "Deep, Deep Recession" (lemmy.blahaj.zone)

submitted 2 years ago by florencia@lemmy.blahaj.zone to c/whitepeopletwitter@sh.itjust.works

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Source: https://bsky.app/profile/jrothst.bsky.social/post/3liin7up3ck2z

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[–] Professorozone@lemmy.world 1 point 1 year ago (1 child)

Because he can't buy whatever he wants now?

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[–] boonhet@lemm.ee 1 point 1 year ago (1 child)

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.

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[–] Professorozone@lemmy.world 1 point 1 year ago

I believe that's what he's going for.

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