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 days 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 points 8 hours ago (1 children)

Because he can't buy whatever he wants now?

[–] boonhet@lemm.ee 1 points 8 hours ago (1 children)

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.

[–] Professorozone@lemmy.world 1 points 8 hours ago

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