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QuarkVsOdo @lemmy.world
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Elon Musk’s DOGE is growing desperate for a “win”
  • Yes and no. The engines and upright landing is very good... designing&Testing unbound by yearly grant applications but with "fuck you money" really propelled the industry forward.

    But they cut so many corners.

  • Elon Musk’s DOGE is growing desperate for a “win”
  • Like all his others companies.

    • SpaceX has exploding star ships
    • StarLink comes with so many ties, that alternatives are highly sought after
    • Neural link might already be defunct, I don't know
    • His stake in OpenAI is too complicated to follow
    • Tesla has 3 models you could buy, none of them is FSD yet, one is the Cyberstuck, no truck, no robots.
    • Boring company was just fluff and BS, since a tunnel that's only 1 lane wide is a safety nightmare and hyperloop is like the simpisons "monorail" Episode

    Maybe at some point in his mid 50ties he should have focused on one thing.

  • Risk of ‘Trumpcession’ rising, economists say, as global markets fall
  • I think setting a stoploss and then just stay in/ cash out automaticly is also completely viable (as long as your trading fees of cashing out and re-enter are well covered by total earnings so far)

    Taxes are another thing though.

  • Risk of ‘Trumpcession’ rising, economists say, as global markets fall
  • No, I just thought about how normal people are fucked over. In systems with public pensions, politicians could just cut the pensions, in a property and investment based system, you have to make the "lifetime savings" of the lower 95% just not liveable by greedflation, concentration of wealth and volatile markets that eat up savings - and don't allow sub-billionaires to hedge.

  • Risk of ‘Trumpcession’ rising, economists say, as global markets fall
  • Another problem is that down to lower class the americans invest for their retirement.

    If he wipes out the people's lifetime savings, they can't afford to retire and got to work longer - even if the recession is driving inflation down.