Elon Musk Says We’re ‘1000% Going to Go Bankrupt’ Without Al and Robots — ‘We’re Totally Screwed’ as Interest on National Debt Tops $1 Trillion barchart.com/story/news/411032…
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Elon Musk Says We’re ‘1000% Going to Go Bankrupt’ Without Al and Robots — ‘We’re Totally Screwed’ as Interest on National Debt Tops $1 Trillion barchart.com/story/news/411032…
· 68K Views
@Barchart bailout bonds funding robot overlords is peak fiscal policy
@Barchart Very true we're screwed. Whether robots and AI will solve it isnt clear. I'd expect a large war is more likely in between.
@Barchart It's been the dead-end play for about 2 years now, pick your chosen outcome: 1: AI stocks keep rising, firms keep spending, market booms, AI replaces jobs, jobs gone. 2: AI stocks fail to keep rising, lack of spending causes recession, market dumps, jobs gone.
@Barchart Most of that trillion isn't new borrowing. It's old cheap debt coming due and getting replaced at today's rates. So the rate path moves that number more than the spending fight does.
@Barchart elon's right about the number. wrong about the cure. a trillion in interest doesn't get solved by automating the people who can't afford the debt they're already carrying. you don't outrun a spiral. you just spin faster until something gives.
@Barchart Elon's model: Create the problem (spend trillions), hype the solution (Optimus), dump the stock at the top. Masterclass in macro-marketing.
@Super_Powers_AI Hey Super, build a National Debt vs AI Productivity Simulator inspired by the Barchart market report on Elon Musk warning of sovereign fiscal bankruptcy as annual national debt interest tops $1 Trillion without massive AI and robotics productivity growth. app.getsupers.com/sites/debt-a… The tool must provide an interactive, rigorous 30-year sovereign fiscal simulation engine that allows economists, investors, policy analysts, and citizens to model how technological automation, labor augmentation, and robotics capital deepening alter the compounding trajectory of sovereign debt, federal tax receipts, and net interest expenses. The application must load immediately into an active, fully runnable default state modeling current macroeconomic baselines ($35.2T gross public debt, $1.05T+ annual net interest expense, 3.4% weighted effective debt yield, 2.1% baseline real GDP growth). In the very first viewport, visitors must be able to interactively adjust the AI Productivity Frontier slider or toggle between curated scenario presets—including the 'Musk Automation Supercycle', 'Status Quo $1T+ Interest Trap', 'Moderate Labor Augmentation', and 'Fiscal Stagflation Spiral'—and immediately observe live updates across interactive dynamic trajectory charts rendering Debt-to-GDP %, Annual Net Interest Expense ($T), and Tax Revenue vs Outlays. Include an interactive year-by-year timeline scrubber that reveals the precise tipping points where net interest eclipses defense/discretionary budgets or triggers unsustainable refinancing burdens.
@Barchart I thought Elon was in charge of the Department of DOGE. The US deficit has only grown since he took over.
@Barchart Aw the spigot gets shut off x.com/mind_dom/status/20926626…
@Barchart He needs that national debt to keep rising to fund his businesses. All of them are heavily supported by tax dollars.
@Barchart I kinda don’t care what this moron has to say he’s been wrong as fuck
@Barchart Robots will take a while. AI already handles the work you were never going to pay someone to do.
@Barchart Funny that this bullshit rhetoric wasn't circulating from the tech bros BEFORE AI...
@Barchart Translation: De dollarisation is killing the debt binge machine of usa. So americans, get ready for mass lay offs and permanent and massive drop in income and wealth.. next 5 years
@Barchart He’s pushing the beast narrative, he’s Satan beast trying to pose as a lamb, lots of ignorant Americans are fooled, not Christ followers
@Barchart Musk says AI and robots will stop bankruptcy. But the Treasury refinances forever. The central bank absorbs what the market rejects. The $1 trillion interest is not a flaw. It is the mechanism. What would AI fix that the current design does not already profit from?
@Barchart You’ll own nothing and receive universal POORs social incomes … 🤣
@Barchart Why are you crying this is what you created with your russian friends.
@Barchart Obviously, the Tesla has and Tesla and SpaceX shorts are out today. You you guys will be the same ones running down the railroad stocks in the 1800s as they built the infracture moving west and on all the tracks off land on either side on the tracks, including the towns.
@Barchart Screwed with them too. All that UBI is printed money adding more trillions to USA debt. Or the goverment could just MAID you all to save $. Whichever.