Saturday, June 04, 2022

Elon Musk's Irresponsible Economy Comment: "Super Bad Feeling"

Elon Musk started believing his own hpye, the image created by him and his rabid fans on Twitter, an echo chamber that just might mirror Putin's TV shows across Russia. Capitalism can be its own autocracy. I am on record for being for a wealth tax.

Musk's Twitter move would have been good if his motive were right, but now we know it wasn't.

Should Elon Musk Be Owning All Of Twitter?
Musk's 44 Billion Dollar Give To Foolish Fascism

Maybe he should hang out with Peter Thiel less often. He might end up leaning less right. Stop texting.

Musk's "super bad feeling" about the economy is him trying to blame the market for the tumbling shares of both Tesla and Twitter. There seems to be nowhere to go but down. Musk fears the Tesla shares might go further down, with the Twitter deal albatross around his neck, and so he is trying to prepare the market. I don't think it is going to work.

I am neither bullish nor bearish on the economy. On those matters I let Paul Krugman talk.

From: Paramendra Kumar Bhagat
Date: Tue, May 31, 2022 at 9:11 AM
Subject: Paul, you are my favorite part of the New York Times, my favorite newspaper
To: krugman-newsletter@nytimes.com

Hello Paul. I was just reading this https://www.nytimes.com/2022/05/27/opinion/inflation-prices-stagflation.html and for the first time, I noticed this email address at the bottom and figured, hey why not write to him? I could help balance out the hate mail he gets. It could not hurt!

The only thing I disagree with you on is Bitcoin. It is exotic to me how you are missing out. This is like missing out on the Internet in 1995. My thoughts on Bitcoin are here: www.paramendra.xyz It would be a coup for me if I could "convert" you. Bitcoin is biblical. The Age Of Abundance that has been promised in the scriptures is upon us. Bitcoin is the best thing to come out of the 2008 crisis.

Your arguments tend to be so lucid, I am often tempted into thinking, if only Marjorie Taylor Greene could subscribe to this newsletter, American politics would see a tectonic shift for the better. :) But we both know that is not in the cards. The mental blocks are real. It is not your writing that is lacking.

I wish NYT also featured a right-wing Paul to balance things out, the column clearly labeled right-wing, something like A Voice From The Right. You succeed so fully in your writings, sometimes you make me feel like I am in an echo chamber. :)

I was a fan of your column before you won the Nobel. You are the only NYT columnist who shows in my email. If I see your column anywhere, I read it.

In fact, my respect for the Nobel people went up after you won. Even a columnist can win the Prize. How Ivory Tower can it be?

NYT should emphasize the psychology of some of the right-wing phenomena. But then it does. Only last week I read the transcript of the Ezra Klein Show. The guest argued people are lonely. And then they fall for all that hate.

Sangham Sharanam Gachhami. (I go to the community.) As the Buddhists say. "Whenever two or more of you gather in my name, there I will be." That is a promise in the Bible. One-third of Americans live alone. That is blasphemous.

I subscribe to the NYT online for $1 a week. Probably the best bargain I ever got. Except for when there was no paywall. :) Come to think of it, crypto can solve the paywall problem. Super micropayments are the way.

What I admire most about you is your earnest desire to reach out to ordinary people with your complex topics explained as simply and clearly as possible. I wonder how many rewrites that might take.

Check me out on Mirror https://mirror.xyz/0x065e533120b87e5b4F5bfBF0802EB6428c237487 and see if you don't want to start creating Writing NFTs yourself. When you mint your first Writing NFT, you are converted. And I will take a victory lap. :)

Have a good day.

--
www.paramendra.xyz
www.paramendra.com



Before he makes his off the cuff science fiction announcements, perhaps Elon Musk should hold a convo with his top engineers.



With his Twitter antics Musk has managed to kill two birds with one stone. Both Tesla and Twitter seem to be going down.



Musk had been giving the impression there was a time not long ago when he was hanging on to the Tesla rocketship barely by the fingernails. And now he is saying he can walk and chew gum at the same time? Already people thought he spent all day on Twitter. And then he threatened to buy Twitter and become CEO. Tesla also had been facing some bad news of its own.



Elon. Renounce Trump. Repent. There are plenty of Republicans to choose from. Well, maybe not that plenty. But still, you get my point. Trump is fascist. Look at January 6.

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