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Elon Musk just wrecked my nice quiet Friday night.

Summary:
There aren’t words to describe how economically stupid this guy is. 

Topics:
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There aren’t words to describe how economically stupid this guy is. 
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

20 comments

  1. 😹The is the most cathartic economics rant I have ever experienced! 🙏

    I live under Kid Starver's authoritarian, Austerity regime in UK. 🤬 'We are reducing govt spending to grow the economy'

  2. I respectfully believe you are deep in an over educated cult of perspective and you need to dance with more objections. Listen to George Gammon and the Paul Voguels of the world.. then rationaly and calmly obtain a better understanding such to honestly find the truth. I sincerely believe you are wrong… But you are failing to convince me otherwise.

  3. Don't sugar-coat it so heavily, Mike. Tell us how you REALLY feel.

  4. ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤

  5. I didnt vote for Trump knew he was a fraud and incompetent and worse than Harris. Trump surrounds himself with ANYONE WHO BUYS HIS FAVORS, courntry be damned. Impeach Trump and deport Musk to South Africa. Boycott Musk and Trump Rico operations.

  6. And THIS was why you shouldn’t have voted for Trump. Yeah, Biden gave you the same old bullshit, but it was fairly obvious to anyone who was pay attention that Trump wanted to hand the reigns over to Elon and give him the authority to dictate insane policies.

  7. It’s like saying you want your child to grow tall and strong, yet you don’t want the ruler to use too many inches.
    It’s a unit of account! It’s a measurement not a commodity.

  8. How’s the tomato 🍅 situation going ?

  9. @andrewmarkmusic

    Mike seems to have little appreciation for the economics of WOO!

  10. The Elon Musk phenomenon has been interesting to observe from the sidelines though. I think Trump assumes that since he is so successful at almost anything he touches that he can work miracles. In fact many of his successes have been against extraordinary odds. Who knows, maybe he does it again…. if not we are gonna be in a world of hurt.

  11. Btw, anyone who thinks Mike Norman rants aren't worth careful consideration is nuts.

  12. Maybe deflation would not be so bad after that last several years of crazy inflation 🤣

  13. @TeleportlabsETH

    I think they're purposely trying to crash the economy so they can buy cheap stocks.

  14. @TravellingCharles

    YouTube is full of winners and losers. It's mostly full of narcissists. What's my point? I don't know. I like turtles.

  15. 🤣 I guess we aren't the only one F-bomb by Mike

  16. $1 in 1981 is equivalent in purchasing power to about $3.49 today, a cumulative price increase of 249.47%.
    That is what excess $ in circulation does.

  17. @missprojectorsbasement

    😂 rant rant rant ❤🎉

  18. RECESSION is coming.

  19. Lol love it!

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