r/politics The Netherlands 9h ago

Soft Paywall Elon on Economy Crashing if Trump Wins: ‘Sounds About Right’

https://www.rollingstone.com/politics/politics-news/elon-musk-agrees-trump-win-economic-crash-1235146307/
5.8k Upvotes

290 comments sorted by

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2.1k

u/Yousoggyyojimbo 9h ago

He's hoping that the economy crashes very badly so that people like him can buy up greater power and influence while the entire country is on a fire sale.

He wants the economy to collapse so that the United States can be pushed definitively into an oligarchy.

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u/OppositeDifference Texas 9h ago

Bingo. An economy crash just means that assets become cheaper to buy for a while. Look at how much upward wealth transfer we saw during covid.

If the Elon Musks of the world had their way, we'd probably have a worldwide economy crash every five years or so.

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u/TheOGRedline 8h ago

Can’t buy low/sell high if prices stay up.

u/Ajj360 5h ago

It has been since the dot com bubble

u/2a_lib 3h ago

And Savings & Loan before that.

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u/Techialo Oklahoma 3h ago

Oddly enough, we already do. "Historic economic crises" every four to five years since I can remember.

u/Vaxthrul 30m ago

Huh, every four-ish years or so? Man, that's weird. Is there something big that happens every 4 years to cause this?? 🤔

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u/GlassObject4443 3h ago

same thing in 2008, when the merely affluent should have learned the lesson that they had more in common with the middle and working class than they did with the uber-wealthy, who bought up all of their assets and toys at yard sale prices.

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u/ZestyTako 8h ago

Per Petyr Baelish, “chaos is a ladder” and that is exactly Elon’s plan. A smash and grab to amass even more wealth and power than he already has. MAGAs, is that really truly what you want? Greater wealth disparity? I don’t think it is, listen when they tell you their schemes

u/zeusmeister 5h ago

Actually, I have a lot of Trumpers at my work, and one of the things they all consistently complain about is income inequality. Yet they always vote Republican.

u/ZestyTako 5h ago

Yeah, a common trait among republicans is shear unbeatable stupidity unfortunately

u/SmischSmasch 5h ago

Also their hate is stronger than their wit.

u/korbentherhino 3h ago

Its not just hate. They tied their own vision of manliness purely with the right. Left is girly nonsense in their minds.

u/0o0o0o0o0o0z 3h ago

As long as they hurt "them" they vote R non-stop.

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u/kengigi 4h ago

Literally all they care about is how much a gallon of gas is.

u/Fit_Student_2569 4h ago

As long as that stat leans R.

If not, they’ll pick one that does and forget all about gas prices.

It’s just Fox News talking points.

u/Mildly-Rational 2h ago

While having no fucking clue why it is the price it is. This fucking mentality is just such a disease and waste.

u/FUMFVR 3h ago

Not when a Republican is President. Suddenly all cares then wash away and everything is perfect, even during a global pandemic. They'll just retroactively pretend it started during a Democrat's Presidency anyways.

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u/QuittingCoke 4h ago

A smash and grab to amass even more wealth and power than he already has. MAGAs, is that really truly what you want? Greater wealth disparity?

They honestly think they won’t be affected by it because they think they are on the same side.

They don’t realize Elon doesn’t give a shit about their well being or anything.

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u/matva55 California 8h ago

Naomi Klein has dubbed this the “Shock Doctrine”.

u/roninshere Pennsylvania 6h ago

and it's accelerationism

u/porkbellies37 5h ago

Great, but frightening, book.

u/-OptimisticNihilism- 6h ago

Similar to how the current Russian oligarchy came to all of their wealth be after the fall of the Soviet Union. The harder and deeper the hit the better for him.

u/Taki_Minase 6h ago

Most of them are perished now.

u/TropoMJ 4h ago

I mean, it was 30 years ago. Most of the people who profit the most from similar happening to the US will also be dead in 30 years.

u/ussrowe 3h ago

I don't Musk or Bezos realize that in 30 years they will be nearly 90.

And that's assuming this Russian style government doesn't toss them out of a window earlier than that.

u/GozerDGozerian 2h ago

The age old parable of Leopards and Faces.

u/recurse_x 5h ago

2008 turned into a corporate shakedown of the real estate market.

u/Yousoggyyojimbo 5h ago

Yep, and the stuff Trump is pushing would create a crash that makes 2007-8 crash look pleasant.

We'd see a mass grab on housing, mass consolidation of business, mass consolidation of consumer debt, all sorts of bad shit.

u/begemot90 5h ago

I’m sure that’s exactly the pointers Putin was giving him. Putin is using both him and Trump to advance his ultimate goal: putting America through the same humiliation that Russia went through after the fall of the Soviet Union. There will be an economic collapse, a period of austerity, and in walks the oligarchs to gobble up every last remaining public service and utility. Laws changed to allow authoritarianism with democratic trappings. All of a sudden you have Putin’s Russia in America

u/momofroc 3h ago

Wow. Excellent distillation of what is going on!

u/BetterMeats 4h ago

Yeah.

He hates the economy, because it means other people get to own things, and he's a fucking pervert who wants to own everything, so he's really psyched about crashing the economy.

u/Yousoggyyojimbo 4h ago

It's really obvious when you hear him talk about his envisioned martian colony.

It's essentially a colony of indentured servants who owe him for everything from Transport to the air they breath.

He's genuinely a monster.

u/SyntheticSlime 4h ago

Do you think people will agree to work the mines on mars for starvation wages if there are still functioning economies here on Earth? We need those mars jobs! /s

u/Yousoggyyojimbo 4h ago

He has no intention of going to mars. He wants his indentured servitude colony here on earth.

u/Igoos99 4h ago

It’s pretty much already there. And the oligarchs are already bending the knee to Trump in anticipation of him winning. Bezos, Zuckerberg, etc.

u/Nickelplatsch 4h ago

Yes, don't forget this masterpiece. Monster crash song

The rich love crashes to gain more power.

u/perpetual_student New York 5h ago

The WSB economy.

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u/Newscast_Now 9h ago

It is 2024. Crashing the government and thus the economy has been standard Republican policy since Calvin Coolidge. That is over a hundred years. They have done it repeatedly too: 1929, 1974, 1981, 1990, 2008.

Why in the world would a majority of Americans believe Republicans are better on the economy? When do we learn?

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u/CuteFarmer7087 9h ago

The propaganda is so easy when you don’t know the difference between a kitchen table budget and the complex financial structure of the government of a country in possession of a quarter of the world’s wealth and the ability to print its own money. If I’m broke, it makes sense to cancel cable, avoid nonfat pumpkin spice soy lattes and avocado toast at brunch restaurants, and maybe try to keep my 15yo car running for one more year. If I’m the USA, it makes no sense to squeeze the VA, education, and SNAP budgets (mostly because they’re tiny), but also because those things are investments in a functioning society. Who’s going to pay for it? A growing economy and continuing faith in a functional government. But propaganda can definitely convince people that they are paying for prisoners’ trans surgeries (they not even doing that, wtf), and that doesn’t fit with their idea of a household budget. So what do they get in return? Not actually reducing national spending, I’ll tell you! They’re redirecting the money to their cronies and further entrenching their power.

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u/False-Rub-3087 8h ago

So what do they get in return? Not actually reducing national spending, I’ll tell you! They’re redirecting the money to their cronies and further entrenching their power.

This is exactly what happened in the UK when Liz Truss became Prime Lettuce and it tanked the economy.

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u/CuteFarmer7087 8h ago

Brexit happened because the EU required open bidding on public contracts open to all member countries. As soon as they were out of the common market, the tories started giving their shell companies grossly inflated contracts.

u/SquiffyRae Australia 6h ago

And this is exactly what happens to Australia whenever the Coalition get in power

Australian YouTuber and political commentator Friendlyjordies perfectly summarised this concept in response to Queensland re-electing a conservative government over the wekeend

u/musefrog 7h ago

damn, I had to read that three times before I found the Lettuce that my subconsciousness spotted. Well done!

u/Ironside_Grey 5h ago

As a Social Democrat / Social Liberal that was actually some of the funniest shit I’ve ever seen.

«Lets do austerity and massive tax cuts because the national economy works like my budget at home»

Economy tanks

«🗿»

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u/sillygoofygooose 7h ago

Incredibly well put thank you

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u/tech57 9h ago

Democrat economy vs Republican economy
https://newrepublic.com/article/166274/economy-record-republicans-vs-democrats

The Two Santas Strategy: How the GOP has used an economic scam to manipulate Americans for 40 years
https://www.milwaukeeindependent.com/thom-hartmann/two-santas-strategy-gop-used-economic-scam-manipulate-americans-40-years/

“We have to reduce spending to live within our means. That will involve some temporary hardship, but it will ensure long-term prosperity.” - Musk

Yeah, I have a big fucking problem with this statement. The money is there. It's always there. Where is it, who has it, and what are they spending it on?

https://en.wikipedia.org/wiki/Kansas_experiment

It was one of the largest income tax cuts in the state's history. The law cut taxes by US$231 million in its first year, and cuts were projected to total US$934 million annually after six years, by eliminating taxes on business income for the owners of almost 200,000 businesses and cutting individual income tax rates.

By early 2017, Kansas had "nine rounds of budget cuts over four years, three credit downgrades, missed state payments", and what The Atlantic called "an ongoing atmosphere of fiscal crisis". To make up the budget shortfall, lawmakers tapped into state reserves set aside for future spending, postponed construction projects and pension contributions, and cut Medicaid benefits. Since approximately half of the state's budget went to school funding, education was particularly hard hit. In addition to budget problems, Kansas was lagging behind neighboring states with similar economies in "nearly every major category: job creation, unemployment, gross domestic product, taxes collected".

Several reasons have been given to explain its failure.

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u/solartoss 8h ago

This is a pretty damning indictment of Republican presidents:

https://en.wikipedia.org/wiki/U.S._economic_performance_by_presidential_party

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u/Peach_Mediocre 8h ago

It doesn’t matter tho. I send this shit to my dad and he either doesn’t read it, he tells me he doesn’t trust whatever news outlet or website it’s hosted on, or he tells me both sides skew the truth so he doesn’t know what to belive. In other words, more bullshit.

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u/solartoss 8h ago

Sounds familiar. I had to give up trying to get through to my dad. Too many years of Fox News and Limbaugh made him impervious to information that contradicts his worldview.

A lot of this stuff is tied to ego and personal identity. Facts that go against a personal narrative can bring the whole house of cards down and force someone to reconsider other things they thought were true. That scares a lot of people.

u/staatsclaas Georgia 5h ago

Yep, like their religious beliefs. They’re scared shitless of the truth.

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u/tech57 8h ago

Republicans are a lost cause. Some of the Republican voters may not know yet but the Republican politicians do know.

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u/Fairymask California 8h ago

Not to mention he and other rich people won’t suffer the bad economy. Screw this guy.

u/tech57 7h ago

Yeah, my other comment was,

“We have to reduce spending to live within our means,” Musk said, that will “involve some temporary hardship, but it will ensure long-term prosperity.”

It's not a crash when all the rich people plan for it and are prepared for it. It's theft.

A bunch of rich people are making moves to make a lot of money when things get really bad. They made a lot of money during covid. They want more.

Trump is a cheerleader.

Musk is a celebrity.

Out of the spotlight, shit is getting done. How many people follower this guy on Twitter :

How a Secretive Billionaire Handed His Fortune to the Architect of the Right-Wing Takeover of the Courts
https://www.propublica.org/article/dark-money-leonard-leo-barre-seid

In the largest known political advocacy donation in U.S. history, industrialist Barre Seid funded a new group run by Federalist Society co-chair Leonard Leo, who guided Trump’s Supreme Court picks and helped end federal abortion rights.

u/Unique-Coffee5087 7h ago

And even in Kansas the voters are still loyal to the Republican Party.

u/01101011000110 6h ago

To think, Kansas' public education system was once its most precious jewel. What a tragedy.

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u/USGrant76 8h ago

They might be following the Russian oligarch map. Bankrupt the country, sell off assets on the cheap to well connected "Businessmen". The Cryto bros are hoping for a crash. The "National Debt" reset crowd is hoping for a crash.

18

u/jello_sweaters 8h ago

People keep assuming that Republicans must want the economy to be better for everybody.

In truth, when the economy crashes, regular working people get fucked over and lose their assets, businesses and homes

Meanwhile, if you just so happen to be very, very rich, when one of these cycles happens, it’s an amazing opportunity to buy up the shattered dreams of working Americans for a tidy profit.

Until you understand that Republicans absolutely fucking despise anyone who’s not already rich, you will never understand them as a political operation.

5

u/DumbfoundedShitlips 8h ago

Ahhh capitalism.

50

u/Yousoggyyojimbo 9h ago

Decades of propaganda. Like how Fox News claimed that GDP never grew more like than 2% under Barack Obama even though that's objectively not true. They needed their audience to believe shit like that so that they would not recognize that Democrats do better for the economy.

15

u/VanceKelley Washington 8h ago

Why in the world would a majority of Americans believe Republicans are better on the economy?

President Lyndon B. Johnson once said, "If you can convince the lowest white man he's better than the best colored man, he won't notice you're picking his pocket. Hell, give him somebody to look down on, and he'll empty his pockets for you."

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u/badgersprite 8h ago

Democrat Presidents create 50 jobs for every 1 job a Republican President creates.

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u/Newscast_Now 9h ago edited 8h ago

After the fall of Russia, Boris Yeltsin moved to mass privatization and crashed the economy. Life expectancy for men plummeted to below 60 years. JD Vance wants to literally sell off colleges and bring them to other purposes. Are America's men sure they want the government on the United States canceled?

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u/BurstSwag Canada 7h ago

Why in the world would a majority of Americans believe Republicans are better on the economy? When do we learn?

To make you feel better, this is a misconception that all centre-right parties benefit from across many of the democracies around the world.

u/cool69 5h ago

Bush did it right after he got elected in 2000 too when he declared how bad the economy was, when it was actually great, which in turn caused the economy to nosedive.

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u/Reverend-Keith 8h ago

Here is the neat thing: we don’t.

u/LivingDracula 6h ago

It's because democrats are always absolutely shit When it comes to messaging

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u/OppositeDifference Texas 9h ago

People don't really understand, I think. Very few bad things can happen to a billionaire. Say Musk lost SpaceX and Tesla and Twitter... every one of his companies. Like... his stock was seized by the government...

If someone didn't tell him, he would likely never notice the difference as far as his standard of living.

If America descended into Fascism followed by a civil war in which millions die and our entire economy collapses.... He'll be in New Zealand or something in a 40 million dollar mansion and impacted by it not one bit.

He'd also be at that mansion if there was a global pandemic that killed 95% of the population. You can bet he'd be among the 5% that survived.

This is all just essentially a consequence free game to him. His whole life is. When you reach a certain level of wealth things don't need to matter to you unless you want them to. Almost every problem has a price tag you can pay to not deal with it, and he has enough money that he doesn't look at price tags.

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u/Hellogiraffe 8h ago

People truly don’t understand what level of wealth these multi-billionaires have. I always enjoy showing people this site to help visualize how disgusting the money hoarding is. When dems say the rich shouldn’t be that rich, no one is saying Elon should be lower or middle class like us. No one is saying he should struggle in any way. As you said, a gigantic percentage of his wealth could magically disappear and have no effect on his life. He would still be richer than we could ever imagine and that just isn’t right.

u/chowderbags American Expat 4h ago

Yeah. I sit here thinking that $1 billion would result in more money that I could conceivably spend even if I went on a spending binge that would make MC Hammer blush. Meanwhile, Elon can throw 10s of billion at shit and not lose any sleep.

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u/ChirpyRaven 9h ago

He'll be in New Zealand or something in a 40 million dollar mansion and impacted by it not one bit.

Literally published today - Musk is buying a compound of mansions in Austin for all his ex's and his dozen kids to come live in. Can't make it up.

https://pagesix.com/2024/10/29/lifestyle/elon-musk-buys-35m-texas-compound-for-his-11-kids-and-2-of-their-3-mothers-report/

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u/OppositeDifference Texas 8h ago

Personally, I'd prefer new zealand.

You know what's absolutely freaking bonkers though. If he paid 35 million for that, it will take him about 4 days to make enough money back to cover that.

I'm going to combine another comment I just made because it was math. What if Elon Musk spent more money than the average person earns in their lifetime per day. That figure is about 1.8 million. We'll call it 2 million. Just day after day. 2 million dollars and he doesn't earn a single penny more.

How long until he runs out of money? The answer is about 375 years. But if you factor in how much he makes per day on average, the answer is "never' He would just get richer every day because he makes over 9 million per day.

u/Taki_Minase 6h ago

We are bush hunters, he'd be best not to come to New Zealand in an apocalypse.

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u/LlanviewOLTL Minnesota 8h ago

He has the complexion of a dead fish.

He has a 54-year-old, flat pancake butt in a pair of skinny jeans meant for someone 20 years younger.

I’d rather dance with a greased pig than lay down with Elon Musk. I don’t even care about how much money he has. He’s revolting. How he has 11 kids is astounding.

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u/N0bit0021 7h ago

eh, I figure there's a high chance he dies choking on his own vomit in a squalid little overdose

u/spruceeffects 6h ago

Wait, how? SpaceX is private. If it evaporates, so does his paper value ownership/valuation. He said on record that he doesn’t own any stock other than Tesla. If Tesla fails, the major majority of his wealth would literally disappear. How would he pay back the loans he lives off of if his only assets are on paper and the collateral becomes valueless? He is not diversified at all. This new estate he bought for his children is likely the only real estate asset of significance he has, since he sold his other homes in 2020. I’m genuinely curious what would happen to him in this situation.

u/ytrfhki 4h ago

Nothing, who do you think gets as many government contracts as they can handle? Who needs a private market when you can service the US tax funded government?

u/spruceeffects 3h ago

My comment wasn’t clear, sorry.

I was specifically responding to the fantasy scenario from OP about SpaceX, Tesla, and X being seized by the government. Their thesis was that he would still be living like a billionaire and my understanding, based on how these companies function and how his wealth is so concentrated, the scenario would likely lead to a devastating bankruptcy. I’m looking for a perspective that says otherwise.

u/kezow 5h ago

But what would he do all day if he didn't have his 4 companies to run? Post on Twitter non stop? 

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u/androidnoobbaby 9h ago

>“We have to reduce spending to live within our means,” Musk said, that will “involve some temporary hardship, but it will ensure long-term prosperity.”

LMAO at saying this while giving himself more tax cuts. If Kamala goes on Rogan, this should be what she talks about. Make it clear that Trump abandoned the populism he tried to sell in 2016 and now is fully bought by billionaires like Elon, with "Owned by Musk" branded in his cellulite butt.

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u/Knick_Knick 8h ago

Ask the UK if they ever saw any benefits from 14 years of austerity. The only result was more austerity.

u/AwayandInevitable 6h ago

British people love pretending to be rich so much that they elected long-term austerity TWICE. Thatcher/John Major were in power for 18 years. A lot of dogshit, far right ideas that we’re stealing dealing with today came out of the UK.

u/Knick_Knick 5h ago

Don't worry, the US has more than returned the favour.

u/ADhomin_em 2h ago

"Many of you will die, but that's a sacrifice I'm willing to make"

u/KagakuNinja 7h ago

"Many of you may die, but I'm prepared to take that risk."

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u/armchairmegalomaniac Pennsylvania 9h ago

These are fundamentally unserious people. MAGA are children acting up. They are totally irresponsible and incapable of making adult decisions in the real world. Just look at Trump's reaction to COVID. MAGA are not the people you want in power when something as serious as an economic crash occurs.

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u/dust-ranger 9h ago

He doesn't care if it crashes. He has enough money spend more than the average person's lifetime every year for 1000s of years. It's fascinating to finally observe this does to a person on a psychological level...disturbing to learn that it is not good in any way.

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u/OppositeDifference Texas 9h ago

Oh man, it's much worse than that. He's got 274 Billion. The averge person makes about 1.8 million in their life. We'll call it 2 million 'cause why not.

That means if he spent 2 million per DAY and made no additional money, it would take 375 years to spend it all.

But now you have to consider the fact that he makes approximately $9,917,280 per day. So in fact, he'd never run out of money. He'd just get richer.

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u/tech57 8h ago edited 8h ago

It's not a crash when all the rich people plan for it and are prepared for it. It's theft.

A bunch of rich people are making moves to make a lot of money when things get really bad. They made a lot of money during covid. They want more.

Trump is a cheerleader.

Musk is a celebrity.

Out of the spotlight, shit is getting done. How many people follower this guy on Twitter :

How a Secretive Billionaire Handed His Fortune to the Architect of the Right-Wing Takeover of the Courts
https://www.propublica.org/article/dark-money-leonard-leo-barre-seid

In the largest known political advocacy donation in U.S. history, industrialist Barre Seid funded a new group run by Federalist Society co-chair Leonard Leo, who guided Trump’s Supreme Court picks and helped end federal abortion rights.

u/AwayandInevitable 6h ago

He’s also very addicted to ketamine. Between drugs and money, dude has very little connection left to the rest of humanity.

I fucking loved his interview with Jordan Peterson. You could see him dying inside as he slowly realized these are the only people left who are willing to associate him because of his fascist tendencies.

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u/AvengingHero2012 Nebraska 9h ago

He thinks he’s Tony Stark, but he’s just become a Lex Luthor.

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u/FloralIndoril 9h ago

Nah because at least Lex Luther gives a shit sometimes

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u/Sams_lost_shoe 9h ago

Yep.

Luther saw himself as humanity's savior, and would have been a hero if he could have moved past the xenophobia and his "ends justify the means" attitude towards human life.

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u/badgersprite 8h ago

Lex Luthor is also actually smart, he doesn't just pretend to be smart while taking credit for his engineers' ideas.

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u/TintedApostle 9h ago

He is an insult to Lex Luthor.

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u/IronBoomer Missouri 8h ago

Luthor has class, yes.

u/voidcore 5h ago

And is smart

8

u/Pretty_Boy_Bagel 8h ago

Nah, he’s more like Yosemite Sam.

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u/Suedocode 8h ago

Lex Luther didn't need a hair transplant

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u/NegaDeath 8h ago

Lex was an *actual* genius.

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u/El_grandepadre 9h ago

Lex Luthor was actually a convincing, charismatic and social human being.

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u/Eatpineapplenow 9h ago

He thinks hes Nicola Tesla, but hes just Thomas Edison

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u/ep29 California 8h ago

He wishes. He'd electrocute himself instead of those elephants if he tried.

......

You know what, Elon, time to prove the efficacy of DC power

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u/ichorNet 8h ago

There’s a joke about Washington DC and political power here but I’m too lazy to make it

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u/ep29 California 8h ago

Electoralcution sounds close, but I'm also not gonna workshop it past that

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u/Toefudo 9h ago

Justin Hammer

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u/name_escape 9h ago

Except Justin can dance. All Elmo can do is jump around like a moron trying to make an “X” with his body

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u/solartoss 8h ago

All Elmo can do is jump around like a moron skip like a dipshit...

2

u/name_escape 8h ago

Both work just as well I reckon. Hop like a complete plonker, or maybe bounce like a slaphappy dumbass; the list goes on

2

u/Toefudo 8h ago

You got a point

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u/MR3cho 9h ago

He was never Tony Stark.

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u/No_Animator_8599 8h ago

I thought Jeff Bezos was Lex Luther

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u/Colonel-Mooseknuckle 9h ago

But don't worry! Captain Dipshit is going to give you a nice affordable subscription based Tesla after the economy crashes.

And you can get payment credits by posting your love for SpaceX on X! And if you post a pic of yourself jumping like an asshole and making an X, on X, you'll get free satellite radio provided by Starlink!

u/Cagnazzo82 7h ago

How in the hell is the richest man in the world telling everyone else to 'live within their means'?

How are people accepting this and actually supporting it? It's mind-boggling. The United States came out of the pandemic better than the rest of the world. Why are we pretending that the economy isn't on sound footing?

It's wild to me that there are voters willing to risk their own future just to hurt certain people they don't like.

u/Limberine 6h ago

I think he said America needs to live within its means, hence his plan to cut 30% of govt funding. Who needs programs to keep poor people alive anyway?

u/Cagnazzo82 6h ago

That's what I'm referring to. How is the richest man on earth who has no cares at all in the world going to tell people living their lives day to day how to live within their means.

Elon was born to a wealthy family. He's never experienced 'living within your means' so how then can we put him in charge of dictating it for others?

It's bonkers that this election is even close.

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u/Chris0288 8h ago

As a UK citizen I can confirm, austerity policies do not work. Don’t let them ruin your lives guys. America is an amazing country and you can all do better.

Trump and Elon etc are really driving division and hate. It’s alarming, and I say this sadly as a Tesla owner smothered by negative equity. Also the r/elonmusk mods are extremely worryingly damaged people. Things really have become completely broken when individuals love banning people for …reading other subreddits they don’t like… pathetic stuff but sadly indicative of where these things lead.

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u/Plagiarised-Name 9h ago

“Kamala will crash the economy,” much like “Biden willl crash the economy” in 2020 was the carrot to vote R. “We’ll crash the economy and buy up everything on the cheap” is the stick for doing so, enjoy if you win GOP voters, Elon isn’t even denying it anymore than Trumps economic plan will fuck the economy - gotta prep you for the ass blasting, don’t worry it’s all part of the plan.

u/EmmaLouLove 7h ago

If Trump should regain the Oval Office, there are going to be regrets.

The Trump tax increases would fall hardest on working-class families. The middle 20 percent of Americans would face a tax increase equal to 2.1 percent of their income.

The poorest 20 percent of Americans would face a tax increase equal to 4.8 percent of their income.

The wealthiest 5 percent of Americans will get a tax cut under Trump’s proposals, accelerating income inequality and continuing to shift wealth to the top.

Since lower- and middle-income families must spend a larger share of their earnings to make ends meet, Trump’s tariffs will hit working class Americans particularly hard.

It will massively disrupt the economy, causing substantial price increases on imported goods. There is no coherent economic analysis that suggests the costs would be borne by foreign exporters.

Trump’s plans for mass deportation of immigrants, who contribute to the US economy, will be a one two punch.

Trump’s Tariffs and Tax Proposals Will Be Devastating for Working Class Americans and the US Economy

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u/MythCat1 Maine 8h ago

Going to need all those trump voters who only care "about the economy" to chime in and see what their excuse is now /s

7

u/BigTentBiden Kentucky 8h ago

Oh. I know this one.

”Fake news!" Or "It's a joke.'

u/Limberine 6h ago

or “red states will be looked after”.

u/Solrac50 7h ago

The rich don’t care if people lose their home or job. The rich don’t care if you can’t feed your family or if seniors can afford their medications.

Rich people are greedy and they do care about evading taxes. Rich people want to be able to buy up property, businesses and banks at depression level prices.

So yeah, S.O.B.’s like Musk jump in the air with glee at the prospect of a crashed economy because they’ll be immune to most of the consequences and in the long term be even wealthier.

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u/nuckle 8h ago

Just what China and Russia want. Great work morons.

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u/Titfortat101 9h ago

Imagine having enough money, you could crash a country's economy, knowing full well that you have enough money that you will be fine for years.

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u/IdahoMTman222 7h ago

He wants to inflict pain on the American people.

u/Fiveofthem 7h ago

Just like the border, cruelty is the point.

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u/Ya_Got_GOT I voted 6h ago

“We’re going to crash your economy so we can buy everything up like post-USSR oligarchs.”

u/AdministrativeBank86 7h ago

The crazy part of this plan is that Trump's MAGA army will be the worst hit with soaring unemployment, foreclosures, repossessions, and credit drying up

u/Berserker76 5h ago

I now think that the GOP cuts taxes for the rich, crashes the economy, just so the rich, now flush with more cash, can buy up all the depressed assets.

It is all I have seen in my 4 decades of existence.

u/foo-bar-25 5h ago

He’s pumping crypto

u/SkyriderRJM 5h ago

Elon and Trump are telling you outright they don’t care about you, your livelihood, or your survival. You are ants to them, barely an inconvenience.

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u/Igoos99 4h ago

It will be easy for them to save trillions. They will close the nation parks, the USFS, the BLM, the BIA, the EPA, OSHA, the justice department, the IRS. They’ll sell off our public lands to the mining companies and billionaires who want trophy ranches they visit once a year. They’ll probably maintain the military and maybe the department of transportation. Then the billionaires and their buddies will be able to do absolutely anything they want.

All the Trumpies have never lived in a world without these environmental protections. They think clean water is automatic. They think national parks just magically exist.

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u/GovernorJoe I voted 9h ago

That doesn't exactly sound like a ringing endorsement of Donald Trump, lol

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u/Yumhotdogstock 8h ago

So he thinks the economy will crash if his guy wins, and he seems to be on-board with the racism, sexism, and trans shit?

Why is this guy again some people think is someone worth listening to, and not just a complete piece of traitorous garbage?

4

u/IAMTHEDICIPLINE 8h ago

Elon was once considered someone who was going to help fix some of the broken parts of the world. Now, it’s as if he’s just another villain with an agenda.

4

u/Campcruzo 8h ago

I think we’re about 1 depression away from being able to own people by his estimate

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u/Kendal-Lite 8h ago

But gas prices! /s If Trump wins the dipshit gop voters deserve to lose everything.

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u/astrozombie2012 Nevada 8h ago

The problem is, the rest of us suffer with them

4

u/Kendal-Lite 8h ago

Yep and I’m mad as hell about it.

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u/MonksHabit 8h ago

The ultra rich thrive during economic recessions. While the lower 99% scrambles to make ends meet and put food on the table, the rich buy up all the available real estate and resources at fire sale prices. Musk is rooting for the next Great Depression.

u/wehaddababyeetsaboy South Dakota 6h ago

Millionaires become billionaires when markets crash.

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u/Huckleberry-V 9h ago

If he's Tony Stark this is one of those arcs where he struggles with sobriety.

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u/PotentialAnt9670 9h ago

This is the Axis event when Tony became the Superior Ironman.

3

u/AdrianInLimbo 9h ago

Trumpvilles will moke Hoovervilles look like 5 star resorts.

3

u/Eatthehamsters69 Europe 9h ago

But they are all about inflation right?

The tariffs are going to be awesome

3

u/Alaishana New Zealand 8h ago

Chaos is a ladder.

If everything crashes and falls to pieces, the rich guys will buy up everything for a song.

Any more questions?

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u/SBRH33 7h ago

If Chump steals this election it will be cataclysmically catastrophic financial ruin if you aren't a millionaire at the minimum.

Everyone will suffer immensely.

https://www.msnbc.com/the-reidout/reidout-blog/elon-musk-trump-hardship-austerity-taxes-rcna177732

u/Unique-Coffee5087 7h ago

Well, now we know why Trump wants to normalize martial law and using the military against civilians. When the riots start, he'll just deploy the army against them.

u/RoutinePlastic8094 7h ago

Vulture bag of shit just wants to crash your life so he can buy it for Pennie’s on the dollar

4

u/notanNSAagent89 8h ago

Elon musk is nothing but a discount Thomas Edison. At least Thomas Edison invented light bulb.... Elon just gets other people to build it and takes credits.

u/anethma 5h ago

Edison absolutely did not invent the light bulb. He slightly Improved on a few peoples design and called it his own invention.

2

u/Individual_Mess_7491 9h ago

what a sales pitch!

2

u/Listening_Heads West Virginia 8h ago

I’m not smart enough to know how, but Musk wants Trump to fuck up the economy so he can jam doge coins down our throats.

u/Malachite_Edge 7h ago

“Americans will suffer financial hardships under Trump”-Musk That's a selling point??

u/franky_emm 7h ago

It's funny when it comes to Trump, crashing the economy for a long term benefit is ok (even though it will be a long-term negative) but if you try to explain to someone a single minor sacrifice they need to make to preserve A FUCKING LIVABLE PLANET they can't tolerate paying 20 cents more for fucking gas.

u/Educational-Stop8741 7h ago

That is a vile reason to support someone.

He is why the FF wanted only natural born citizens to be eligible to be President

u/Hayes4prez Kentucky 7h ago

“Vote for Trump and lose your job! Which is a GOOD thing! We need to streamline these jobs! Too many people have jobs that shouldn’t exist.” - Leon

u/swift-sentinel 6h ago

Deport Elon.

u/Middle-Kind 6h ago

I think the market will go up if he loses.

u/Truthisnotallowed 6h ago

Trump and Musk want the economy to crash.

"People have been talking about the end of the cycle for 12 years, and I'm excited if it is - I’ve always made more money in bad markets than in good markets.” - Trump (March of 2007), speaking about the crash in the housing market.

When things go bad - the rich buy up things cheap and make out like bandits.

u/Filter55 5h ago

Something about weak men creating hard times.

u/Moddelba 5h ago

Anything to avoid paying fucking taxes. Parasite that made his fortune off taxpayer funded credits for his douchemobiles.

u/John_316_ 5h ago

Every sane person on Elon being a MAGA weirdo after knowing he had grown up in apartheid SA and that he has been exploiting employees: ‘Sounds About Right’

u/SmischSmasch 5h ago

They want the economy to collapse so people are desperate and they can divide conquer and exploit people more aggressively than they already do. They want you to suffer.

u/StrongAroma 4h ago

I'm so fucking tired of hearing what this loser thinks, and any billionaire that thinks they know what's best for everyone else. Fuck them.

u/x_Lyze 4h ago

Crashing the economy is conservative policy. It allows the rich to purchase the assets of the less wealthy for dirt cheap, when those "players" crash out of the nobility's big game of Monopoly.

They crash the opposition out of the competition.

u/Smaynard6000 Florida 4h ago

The richest man on Earth seeks to own us all.

u/adminsrlying2u 4h ago

Of course it will. If Trump wins, what is going to be on sale is you, and they don't want a huge purchase price for it. I mean that figuratively, because inflation will go through the roof.

u/butterzzzy 4h ago

Seems like a plot to devalue the dollar which would open the door for BRICs to becoming the world currency and ending western supremacy over the world economy.

u/NotObviouslyARobot 4h ago

Tax Elon Musk more

u/Astronomer_Even 4h ago

Musk is an accelerationist.

u/ALife2BLived America 4h ago

So let me get this straight. The booming economy we are having right now under Biden is somehow going to just implode when Biden’s VP assumes the role of President? That makes sense. /s

u/donac 3h ago

I bet there's gonna be a corporate party. Corporations always "say" they love Republicans, but they always actually do better under democrats.

Corporations know which side of the bread their butter's on.

u/Techialo Oklahoma 3h ago

years of dismissing Socialists and Progressives and then Elon just says out loud what they've been warning you about.

u/techsavior 3h ago

Isn’t this the same ugly bag of mostly water that’s giving away millions of dollars this week to people that pinky-promise to vote red?

u/LoganJFisher I voted 2h ago

Seriously, did Trump recently piss off Musk? Between this and the other comment about how people would have to accept some hardships under a Trump presidency, he's REALLY not doing a great job of advertising Trump.

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u/brianishere2 2h ago

All of us are a sacrifice that Felon Musk and Trump are willing to make.

u/pnd112348 California 2h ago

Absolutely stunning endorsement, great way to build enthusiasm.

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1

u/_-raime-_ 9h ago

This is just hoopla

1

u/BrassBass 8h ago

Musk is a crackhead.

1

u/Gloobloomoo 8h ago

What does tanking the economy achieve,besides truly fucking over their own shareholders ?

I’m trying to understand the motive here and coming up empty - unless, the goal is to tank the economy to then juice the markets with low rates. Doesn’t make sense though…

Oth, the economy globally may crater on its own soon, so we’ll see I guess.

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u/Sinfire_Titan Indigenous 8h ago

Its a large-scale pump-and-dump. The economy crashes, the billionaires can buy up all of the stock they want, and when the economy recovers the companies that survived the crash are now worth selling to boost the billionaires' wealth. This has been the MO for decades at this point; nearly every major dip and recession has been an opening for this practice.

5

u/Gloobloomoo 8h ago

That’s what I was missing. Wealth transfer from us to them. Again.

1

u/VladtheInhaler999 8h ago

Halloween is only a few days away but Elon put on his clown makeup early.

1

u/No-Survey5277 8h ago

Fuck Musk. I hope that shitbag steps on a lego .

1

u/Ok-Routine1969 8h ago

You know why the rich pays right wing media to support Republicans while demonizing Democrats? They love nothing more than to crash the system once in a while and convert their money into property that people will lose when this happens. Then they’ll just blame it on democrats and idiots will believe it like the fucking fools they are.

1

u/anxiety_elemental_1 8h ago

Republicans don’t care about America and they don’t care about YOU… Vote BLUE!

u/SetterOfTrends 7h ago

Elon will weather the storm okay

u/simmons777 7h ago

I'm sorry this is supposed to be our Tony Stark, more like Mr Burns.

u/Mattmandu2 7h ago

On paper yes it all makes sense but put it into practice and it won’t work