Elon Musk buys and ruins Twitter

I’m not a huge Noah fan but he makes a very good point here about unrealised gains



I do quite like his stuff here but he’s not really right here in my view. Using assets as collaterol isn’t the same thing as having the money. It’s borrowing money with the promise that you would sell those shares to pay it back If you had too. Same as using a house a collateral to get a big bank loan.

for 1 off large purchases it’s a good way to do things. If it’s a yearly expense that has no monitory benefit ( in terms of boosting the assets or new assets ) not so much.
 
To be honest I don't think Musk gives two shites about politics just like the vast majority of people don't. His only involvement in politics is to push for an environment where he can create products without political meddling and I don't understand how anyone can't be 100% behind him. Whether people like the guy or not is irrelevant, his achievements speak for themselves.

I think the greatest threat to humanity at the moment is politics and political trenching. When you go on social media or even on here the one thing that divides us and causes all the problems is politics. The funny reality though is the pointlessness of it all. If we burnt down Westminster then honestly what would change? Nothing. That's the impact of branding people by politics, it's utterly and completely pointless. I'm much more interested in his cars to be honest.

Personally I really admire Musk, he's a person pushing forward technology and he should be given all the help he needs. In comparison, do we really think having Labour or the Tories in power for 100 years will change the planet? Will it balls, it'll make absolutely no difference who is in power so why do we even give a toss?

Bring back Guy Fawkes I say and let's do away with the politics, treat each other with respect and allow these extremely clever people to get on with what they want to do.
If politics has nothing to do with his success, then why did he have to move to America to become successful?
 
Elon isn't playing with a full deck, maybe his obscene wealth got the better of him.
 

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