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TL;DR: Wall Street Bond Traders remain skeptical of the financial efficacy of Musk and Trump's plans, primarily due to a $1.5T annual national deficit and infla
by metadat 2y ago
TL;DR: Wall Street Bond Traders remain skeptical of the financial efficacy of Musk and Trump's plans, primarily due to a $1.5T annual national deficit and inflation from the new import tariffs.
Musk's self-reported, and likely optimistic/inflated estimate of saving "55 billion" doesn't move the needle to offset the damage from the new policies.
- verdverm 2y agoDoes that $55B include the correction for the $8B -> $8M "reading is hard" mistake