Summary:
Is this guy eight years old or what?
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Mike Norman considers the following as important:
This could be interesting, too:
Is this guy eight years old or what?
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Is this guy eight years old or what? |
The accounting system is negative 37 trillion Mike, how does that work out?
Does it matter what the system actually is if the markets react to it the way they react to it, though? I get it that the vast majority are clueless about money, but if it behaves based on being clueless, how much does "truth" actually matter? If people flee en masse when you cry fire, does it matter if the fire actually exist? You still get the same immediate result.
Dodge has only saved a few millions, if Musk was serious he would cut defense service contractors and place the burden back on the military personel. The cost has burgeoned thru capture of congress and executive branch . No surprise Musk rakes in 38 billions for back to back rocket failures.
Mikey – to Elon's defense, he has said on a couple occasions that the overspending is what delivers inflation. So when he says 'bankrupt', he is referring to inflation skyrocketing, which would happen if the deficit got out of control.
7:55 Before money it wasn't barter. It was credit. Anthropologist, David Graeber, "Debt: The First 5,000 Years."
Debt and credit systems emerged first, dating back to early agrarian empires around 5000 years ago. Money was invented later as a means to keep track of debt. Barter economies came last, emerging in pre-industrial societies when exchanges happened outside familiar cultural contexts.
This 'reverse' chronology could help Elmo understand.
Elmo's real accomplishment was creating some kind of yellow pages software(?). It was bought out by a competitor and nixed and he got millions for it. Other than that, Elmo is an investor. He seems pretty good at investing in companies, but I can't imagine where anyone got the idea he was smart. If we could find the top 10,000 smartest people in the world, I can't imagine Elmo would make the cut.
I get the feeling Elmo thinks that we can get rid of taxes and work with a fixed money supply and fund govt from tariffs paid by exporting countries! (which we all know is wrong. US consumers pay US tariffs)
That shit was funny Mike. Good vid
He's a real dumb ass!
Musk is just taking the piss. It's all a fake. Watch what they do, not what they say… they want you to fall in line with the projection… or get deported…
Not an intellect. We are frightened.
Just an accounting system? Might as well be the blockchain?
Sorry friend but Elon musk created real tangible things that offered real value to people. He does rocket science ,so he is not stupid. Not to be rude, but you play with the "credits" of other people and you create value for yourself but no one else.
❤
Thanks for the updates, Mike. Wish Elon would spare some time to join us on your videos.
The actual quote was “magic money machines.”
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this is great, I want to start investing but don’t know where to begin. How can i reach him, if you don't mind me asking??
Mike: it is funny you are comparing Elon to Einstein. We have great scientists but off course they are not in entertainment media.Elon is just a very successful entrepreneur,nothing less and nothing more!
It's not rocket science.
Ted Cruz is just attracted by the money. As it Trump.
musk understands how the economy works. he knows that most people don't understand how the economy works and he's exploiting this fact to weaken the government so he doesn't have to deal with regulation and eventually he will gain control of the government. It seems pretty obvious, he's claims he's cutting the government to cut the deficit yet he is not talking about raising revenues. look over here everybody! the problem is the gubament fwaud! Us rich people ah duh good guys, donn tax us we will go somewhay else.
He knows exactly what’s he’s doing, he’s manipulating 90%,of the population who has no idea how money works to support his agenda