Elon Is F*ck'd! Tesla’s Quarterly Earnings Fell By 71% Compared To The First Quarter Of Last Year!

[The truth seeker]

This was just a delay, COVID was just mechanism to loot coffers of nations, the amount of money that was printed was crazy, the average person didn't see a cent of it.

I feel like we're heading into a new world of centralised digital currency, but before that happens, the worst recession since the 1930's needs to happen. Never thought 1984 would become reality in my lifetime.

Bill Milton copper said this in the 90s bill Clinton took an interest in him when bill copper started talking about the mystery religion of Babylon and said that America and Mexico would fulfill some prophecy

He was killed by FBI a few weeks after 9/11

 

[Idilinaa]

@Idilinaa Like it or not Elon has a point if serious action is not taken America will face a debt crisis like Canada did in the 90s

In 2000 we had a budget surplus however Iraq and 2008 financial cries just exploded the debt americas perfect credit score was just downgraded



There are really only two options

A)Raise income tax from 35% to 65% to help pay for debt however this might backfire as millionaires might start fleeing the us in droves like they are in the UK


B) drastically cut back on spending that’s means things like welfare and education or Medicare social safety net for poor rural whites and inner city blacks will be extremely weakened

There is really no other way under Al gore the US would have been debt free by 2009 guess America is paying for the sin of the 2000 election

There are actually two much more reasonable ways to address U.S. debt:
1) Tax the ultra-wealthy more effectively, and
2) Scale back excessive military spending , which consumes an enormous portion of the federal budget with limited domestic return.

Slashing welfare, education, or Medicare would only deepen poverty, increase inequality, and weaken long-term economic resilience. That approach punishes the most vulnerable while protecting the wealthy and defense contractors.


I went over this months ago , the problem isn’t a lack of options, it’s a lack of political will to make the top 1% and corporate lobbies pay their fair share."

But lets forget about Tariffs in the upcoming problems which will just destroy industries, make things more expensive for the average American for a moment.

They are already rolling out government spending cuts which will send many Americans into poverty and out of work.

https://www.cbpp.org/research/poverty-and-inequality/2025-budget-stakes-poverty-and-hardship-could-rise-for-millions

They going to cut out social security 21%, they are going to cut out medicare, which comes to 15 per cent of total US federal government expenditure, and all the expenditure on education, transportation, and agriculture. (they already approved a bill for this in congress)

In total they are going to cut 2 trillion dollars according to Elon , slashing away. If you cut those dollars out of the system, the growth of the US economy will decline. Employment in the US economy will decline. The number of jobs available in the US economy will fall. The rate of wage inflation in the US economy will decline, and it's already pretty bad,


Since America depends on foreign illegal labour for various industries. The deportations alone would knock $6.4 trillion off American output over Trump’s term in office, according to the economists’ model.

 

[The truth seeker]

There are actually two much more reasonable ways to address U.S. debt:
1) Tax the ultra-wealthy more effectively, and
2) Scale back excessive military spending , which consumes an enormous portion of the federal budget with limited domestic return.

Slashing welfare, education, or Medicare would only deepen poverty, increase inequality, and weaken long-term economic resilience. That approach punishes the most vulnerable while protecting the wealthy and defense contractors.


I went over this months ago , the problem isn’t a lack of options, it’s a lack of political will to make the top 1% and corporate lobbies pay their fair share."

If you tax the wealthy they’ll leave to Dubai or Singapore America isn’t the only place on earthThey take there spending power and business with them

Read this article

https://www.wsj.com/economy/consumers/us-economy-strength-rich-spending-2c34a571

America has never been wealthier. Here’s why it doesn’t feel that way

The US economy remains deeply unequal, with vast gaps in wealth and financial security persisting. Read more at straitstimes.com. Read more at straitstimes.com.

www.straitstimes.com

Cutting back on military spending would destroy the military industrial complex that was built in the 40s it would be the end of there political career for anybody to even attempt The democrat establishment is very effective they’ll sink the progressives just like they did in 2016

 

[Idilinaa]

If you tax the wealthy they’ll leave to Dubai or Singapore America isn’t the only place on earthThey take there spending power and business with them

Read this article

https://www.wsj.com/economy/consumers/us-economy-strength-rich-spending-2c34a571

https://www.nytimes.com/2025/03/31/business/economy/wealth-cash-inequality.html

That argument is often repeated, but it's more myth than reality when you look at the data.

Yes, some wealthy individuals may leave in response to higher taxes , but the number who actually do is very small, and studies consistently show that the wealthy are far less mobile than people think. Their lives, families, and businesses are often deeply rooted in the U.S., especially in cities with robust infrastructure, legal systems, and financial ecosystems like New York, San Francisco, or L.A.

The U.S. had a 91% top marginal tax rate in the 1950s under Eisenhower, and that era saw the largest economic expansion in U.S. history.

Cutting back on military spending would destroy the military industrial complex that was built in the 40s it would be the end of there political career for anybody to even attempt The democrat establishment is very effective they’ll sink the progressives just like they did in 2016

We've already went through this. You are really persistent in barfing out right wing propaganda talking points. Dragging things into long left vs right political discussion which i frankly have very little time for.

Listen to my points and take it in, instead of immediately trying to find a counter point or apologetic's for failed American policies.

Military industrial complex is wasteful it doesn't improve American lives at all:

Not really the U.S. Military-Industrial Complex is wasteful, Not productive. They would lead you to believe it benefits the economy, but in reality, it drains resources away from productive sectors like infrastructure, education, and technology.

$800+ billion per year is spent on military hardware, bases, and war, not on improving American lives.

The U.S. military's spending is not even efficient, trillions have been wasted in failed wars (Iraq, Afghanistan, etc.).

You say: "America has the world's largest road network" but many roads, bridges, and public transit systems are collapsing.

The American Society of Civil Engineers (ASCE) gives U.S. infrastructure a C- rating

ASCE's Infrastructure Report Card Gives U.S. 'C-' Grade, Says Investment Gap Trillion, Bold Action Needed

www.asce.org

Meanwhile, China builds high-speed rail, new highways, and modern cities at a rapid pace.

You cite “two of the world’s busiest airports” and cruise ports but that does NOT reflect overall infrastructure quality.

America’s train system is decades behind Europe and China. Many American cities lack proper public transportation, forcing car dependency.

China’s cities are modernizing while American cities like Detroit and Baltimore are falling apart. Having a busy airport means nothing if the roads and bridges leading to it are collapsing.

America's wealth is an illusion and ticking time bomb. U.S. Economic Strength is Built on Debt. The U.S. national debt is over $34 trillion, it keeps borrowing to fund its military while neglecting domestic needs.

That's another major difference between the US and China. China’s economy is built on tangible productivity; America relies on financial speculation and debt.

 

[The truth seeker]

That argument is often repeated, but it's more myth than reality when you look at the data.

Yes, some wealthy individuals may leave in response to higher taxes , but the number who actually do is very small, and studies consistently show that the wealthy are far less mobile than people think. Their lives, families, and businesses are often deeply rooted in the U.S., especially in cities with robust infrastructure, legal systems, and financial ecosystems like New York, San Francisco, or L.A.




We've already went through this. You are really persistent in barfing out right wing propaganda talking points. Dragging things into long left vs right political discussion which i frankly have very little time for.

Listen to my points and take it in, instead of immediately trying to find a counter point or apologetics for failed American policies.

Military industrial complex is wasteful it doesn't improve American lives at all:

I’m simply saying that getting rid of the military industriously complex will be difficult the neocons in both parties will do everything they can to stop you it’s not really a right wing talking point

I’m also against western military interventions for the recored the idea of a world police force is a dangerous and is rooted in the idea of “white mans burden ”

 

[Idilinaa]

I’m simply saying that getting rid of the military industriously complex will be difficult the neocons in both parties will do everything they can to stop you it’s not really a right wing talking point

I’m also against western military interventions for the recored the idea of a world police force is a dangerous and is rooted in the idea of “white mans burden ”

My apologies, I re-read what you said and realized you weren’t arguing for it like I initially thought.

You're right , they’re at a crossroads. There really aren't many options left to address the U.S. debt crisis without severely impacting average Americans.

Cutting military spending should be on the table, but the neocons and war profiteers will fight tooth and nail to preserve it. That’s the reality. The idea of the U.S. acting as a global police force is outdated and rooted in imperial arrogance , the so-called 'white man’s burden' mentality you mentioned. It’s costly, unsustainable, and has done more harm than good.

 

[The truth seeker]

My apologies, I re-read what you said and realized you weren’t arguing for it like I initially thought.

You're right , they’re at a crossroads. There really aren't many options left to address the U.S. debt crisis without severely impacting average Americans.

Cutting military spending should be on the table, but the neocons and war profiteers will fight tooth and nail to preserve it. That’s the reality. The idea of the U.S. acting as a global police force is outdated and rooted in imperial arrogance , the so-called 'white man’s burden' mentality you mentioned. It’s costly, unsustainable, and has done more harm than good.

America ha been the largest economy since 1890 according to Oxford (although this is disputed )

After every military conflict ended America always cut spending and returned to its isolation even After World War Two harry Truman cut us military spending by a lot what happened after was a short recession


Dean Acheson the most prominent of the wise men is the man behind the modern military industrial complex (although Eisenhower shares blame )he argued and wrote that the Korean War was what kickstarted the American , Japanese , and west German economy after the war providing a sort of economic stimulus

Here is a good book on it

 

[Idilinaa]

America ha been the largest economy since 1890 according to Oxford (although this is disputed )

After every military conflict ended America always cut spending and returned to its isolation even After World War Two harry Truman cut us military spending by a lot what happened after was a short recession


Dean Acheson the most prominent of the wise men is the man behind the modern military industrial complex (although Eisenhower shares blame )he argued and wrote that the Korean War was what kickstarted the American , Japanese , and west German economy after the war providing a sort of economic stimulus

Here is a good book on it

When Truman cut military expenditure it did indeed lead to a short recession or an economic slow down more accurately, it also experienced postwar growth afterwards due to the pent up consumer demand, education and housing expansion and the fact that America was the only major economy left standing which paved a way for it's global dominance.

Eisenhower coined the term "“military-industrial complex” but rather than being the architect behind it , he used the term to warn against it in his farewell 1961 speech.

Similarly with Acheson he did not build it but he help lay down the ideological framework for it .

It did give America. an economic stimulus during the Korean war mainly an increase in defense production and rearmament, where as Japan benefited from U.S war manufacturing/processing. Germany on the other hand benefited more from the Marshall Plan, structural reforms and exports.

But since then Military industrial complex has been waste and a disaster globally as it has grown far beyond its original purpose. It was initially intended to provide post war security and d technological innovation it has become an overly bloated system that prioritizes profit, lobbying, and arms sales over actual security or real global success.


Read this book:

Military Waste: The Unexpected Consequences of Permanent War Readiness​

Library Genesis: Joshua O. Reno - Military Waste: The Unexpected Consequences Of Permanent War Readiness

Library Genesis is a scientific community targeting collection of books on natural science disciplines and engineering.

libgen.is

 

[The truth seeker]

When Truman cut military expenditure it did indeed lead to a short recession or an economic slow down more accurately, it also experienced postwar growth afterwards due to the pent up consumer demand, education and housing expansion and the fact that America was the only major economy left standing which paved a way for it's global dominance.

Eisenhower coined the term "“military-industrial complex” but rather than being the architect behind it , he used the term to warn against it in his farewell 1961 speech.

Similarly with Acheson he did not build it but he help lay down the ideological framework for it .

It did give America. an economic stimulus during the Korean war mainly an increase in defense production and rearmament, where as Japan benefited from U.S war manufacturing/processing. Germany on the other hand benefited more from the Marshall Plan, structural reforms and exports.

But since then Military industrial complex has been waste and a disaster globally as it has grown far beyond its original purpose. It was initially intended to provide post war security and d technological innovation it has become an overly bloated system that prioritizes profit, lobbying, and arms sales over actual security or real global success.


Read this book:

Military Waste: The Unexpected Consequences of Permanent War Readiness​

Library Genesis: Joshua O. Reno - Military Waste: The Unexpected Consequences Of Permanent War Readiness

Library Genesis is a scientific community targeting collection of books on natural science disciplines and engineering.

libgen.is

Eisenhower created the highway system to help batter mobilize the military in case of an invasion


He increased defense spending year after year and is the president who got the US involved in Vietnam he also let the CIA run wild overseas and run secret bases in America

Also his Secretary of State John foster Dulles was an insane lunatic

 

[DR OSMAN]

Eisenhower created the highway system to help batter mobilize the military in case of an invasion


He increased defense spending year after year and is the president who got the US involved in Vietnam he also let the CIA run wild overseas and run secret bases in America

Also his Secretary of State John foster Dulles was an insane lunatic

USA is a faqri country it's they do branding really well(hype up something their not it's cut n paste Roman theatrics or as Somalis locally would call it's another ina igaare isk Hadlow situation as he was trying to brand himself also lol but somalis were not receptive).

America GDP vs Debt speaks volumes about the nation's real net wealth, their not rich their just on credit always like U see their people credit cards, loans, etc, recycle, no real generational wealth also as the elderly r living longer and their spending big coin in retirement on healthcare(premiums r bad for them cause their risky) forget them to hand down anything infact their getting bailed out by their kids losing finance in the process now

The situation isn't much different in the private sector or govt, the govt tax revenues don't meet their people needs it's not about high or low tax rate the surplus financial activity is simply not there, their just not productivity(both business n it's Labor) lol cause they spend all their time just doing useless work over n over just to the bare minimum n check out with their cheque so they don't harm their health I know the west I was born here and actually integrated with them not live in some ethnic hood of Muslims or Somalis bubble that has no clue about anything beyond what he was conditioned with.

 

[The truth seeker]

USA is a faqri country it's they do branding really well(hype up something their not it's cut n paste Roman theatrics or as Somalis locally would call it's another ina igaare isk Hadlow situation as he was trying to brand himself also lol but somalis were not receptive).

America GDP vs Debt speaks volumes about the nation's real net wealth, their not rich their just on credit always like U see their people credit cards, loans, etc, recycle, no real generational wealth also as the elderly r living longer and their spending big coin in retirement on healthcare(premiums r bad for them cause their risky) forget them to hand down anything infact their getting bailed out by their kids losing finance in the process now

The situation isn't much different in the private sector or govt, the govt tax revenues don't meet their people needs it's not about high or low tax rate the surplus financial activity is simply not there, their just not productivity(both business n it's Labor) lol cause they spend all their time just doing useless work over n over just to the bare minimum n check out with their cheque so they don't harm their health I know the west I was born here and actually integrated with them not live in some ethnic hood of Muslims or Somalis bubble that has no clue about anything beyond what he was conditioned with.

American disposable income and gdp per capita is one of the highest in the world on par with Switzerland one of the few countries that has a large population and scores high on HDI at the same time

https://www.visualcapitalist.com/charted-disposable-income-growth-of-g7-countries-2007-2024/

https://www.visualcapitalist.com/charted-gdp-per-capita-by-g7-country-2019-2029f/

GDP is just the size of an economy it’s not really actual wealth like for example average people in Qatar will always be better of than someone in China

 

[Riftvalley]

Our inkaar is global.

 

[NordicSomali]

Problem with these companies (and people) is that they have a lot of debt. There's no avoiding default when revenues sufficiently fall, or by issuing shares which hurts shareholders. That's modern corporate finance: use debt to increase enterprise valuation.

 

[Dharbash]

He’s been attacking Trump all day on twitter too, yeah he’s done