3 ms·
Yep, I also believe that we will have a Minsky Moment on the entire Muskonomy. Given his political involvement, I would assume that the maximum end date for th
by TheAlchemist 2y ago
Yep, I also believe that we will have a Minsky Moment on the entire Muskonomy.
Given his political involvement, I would assume that the maximum end date for this house of cards is the date when Trump is no longer in power - which is less than 4 years away. The real date is probably much sooner, but who knows when ?
- strangelove026 2y agoFor anyone else who wasn't familiar with a Minsky Moment https://www.investopedia.com/terms/m/minskymoment.asp https://www.investopedia.com/terms/m/minskymoment.asp
- int_19h 2y agoBut that then means that Musk has a strong incentive to keep Trump (or some replacement that will similarly let him do whatever he wants) in power past these 4 years.
- usrusr 2y agoBuying time to get the rocket finished that he will ride escaping his creditors to Mars. That would be a badly written plot even by the standard of cheesy comic books, but somehow it all makes sense from that angle. (no, I don't believe that he would ever get within explosion range of a rocket engine ignition)
- AtlasBarfed 2y agoPeople do not last in Trump's orbit. I'm shocked Musk has lasted as long as he has. I though he'd practically be a Scaramucci. Every six months is a 50% chance of ejection.
- richardw 2y agoA few hundred billion will buy you a lot of politicians in this climate.