Florencia (she/her) to People [email protected]English • 2 days agoEconomist Warns That Elon Musk Is About to Cause a "Deep, Deep Recession"lemmy.blahaj.zoneimagemessage-square98fedilinkarrow-up1600arrow-down110file-text
arrow-up1590arrow-down1imageEconomist Warns That Elon Musk Is About to Cause a "Deep, Deep Recession"lemmy.blahaj.zoneFlorencia (she/her) to People [email protected]English • 2 days agomessage-square98fedilinkfile-text
minus-square@[email protected]linkfedilink1•9 hours agoHe 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.
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.