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ELON MUSK, RECESSION FORECASTER
He is the richest man in the world.
So when Elon Musk tweets a prediction about when the current recession (yes, we are in a recession) will end, it makes news.
Musk, who had previously predicted the current recession would happen, now says the downturn “probably” will not let up until 2024.
In response to a question on Twitter regarding how long the recession would last, Musk wrote on 21 October: “Just guessing, but probably until spring of ‘24”.
Musk also said the world could use a break from global cataclysms that have marked recent years, though his tweet regarding that didn’t assign blame: “it sure would be nice to have one year without a horrible global event.”
Musk Under Intelligence Scrutiny?
Meanwhile, Musk’s political views have apparently made him a target of the Biden Administration, though the Whitehouse claims they know nothing concerning news that Musk is already, or may soon be under investigation by federal authorities.
According to Zerohedge, citing Bloomberg, the Biden administration is pondering whether the U.S. national security agencies should review Musk’s ventures, including the SpaceX Starlink satellite network, and his Twitter buy.
Musk offered Ukraine free communication services via Starlink after the Russia-Ukraine conflict broke out.
But as the conflict dragged on, Musk reconsidered, and recently asked the U.S. to pony up, if it wanted the service for Ukraine to continue.
The U.S. essentially threatened Musk to continue offering the service free of charge, or face repercussions.
The Democrat party including Biden himself have also benefited from the political bias of Twitter. Twitter operatives repeatedly censored the communications of his presidential opponent, Donald Trump, in 2020.
They also censored and purged many other conservative voices, especially from 2018 on, under various pretexts, such as stemming “russian influence” and COVID “misinformation.”
TRENDPOST: As The Trends Journal has consistently pointed out, those world shaking events have been almost entirely due to catastrophic policies, and not merely natural disasters or inevitable cyclical factors.
The Russia-Ukraine conflict is the latest example. What could’ve been headed off via diplomacy and compromise was instead allowed, and even encouraged, via needless belligerence of the U.S. and NATO.
In the months and days leading up to Russia’s military invasion, Western countries were literally more concerned with crushing a Canadian Truckers protest against forced COVID vaccinations, than engaging Russia in direct diplomatic talks about its security concerns. (See “CANADIAN TRUCKERS FREEDOM CONVOY: MEGATREND DEFAMED BY MAINSTREAM MEDIA LIES,” Feb 1 2022 and “O CANADA: GOVERNMENTS UNLEASH NEW REIGN OF ‘TERROR’,” 22 Feb 2022.)
As for the COVID War, an unprecedented world shutdown, with wildly draconian dictates, dragged on literally for two years, even as it became clear from early on that only the very old were at substantial risk of serious injury or death from the virus.
Instead of a targeted response, there was mass absurdity and insanity, with economic, social and generational consequences that will be playing out for a long time.
Over the next 24 months, it will be interesting to see whether the Western elite and political class are determined to push on with a radical energy agenda and militaristic geopolitical strategy, no matter how much further it sends the world into further chaos.
If so, recession may be the least of the resulting problems.
And on the other hand, moderation and a pragmatic approach might do much to create that economic “soft-landing” some still hope for.