In late October 1929, theMusk's warning clashes with most of Wall Street's top names, who've said that SVB's collapse won't trigger a similar stock market rout to the financial crisis of 2008 – let alone the great crash of 1929.
letter to the firm's clients"In other words, they don't threaten the whole system and should not lead to endless contagion, as long as we remain calm, acknowledge the problems are very serious and capable of spiraling out of control, and deal proactively and aggressively in a smart, immediate and targeted manner," he added.
Thank Trump and the Republicans who artificially and politically quashed interest and slashed taxes on upper incomes
Who cares what Elon says
Not all thoughts need to be vocalised. Or reported on
Says the bell end who couldnt see the sinking of his own financial disaster from forcing himself onto this platform He couldnt predict the profits/losses for a lemonade stand let alone banking
Mu a k is credible, maybe more so than I am, but my history books tells me high inflation rates caused the great depression. I guess you would have to tell me those scholarships are wrong, amongst high oil prices. All inficititive of Biden.
He likes attention a lot.
Has this car salesman been right about anything in the past year?
Thats why the Glass Steagall was created.... why didnt EM know this? Sometimes I think he just wants attention.
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