Laughing Putin
kiwifarms.net
- Joined
- Jul 28, 2022
I always found the definition of “smart” obnoxious in the Silicon Valley set. It basically just means they convinced venture capitalists to give them some money to fuck around with. So many billions, maybe trillions, of dollars that have evaporated these last five years because of “innovative” ideas that did nothing more than skirt around existing laws or do nothing of any value... Musk is a retard but he’s the Tony Stark of the blind retard kingdom. Survivorship bias has given him a lot of undeserved credibility but he’s very much a product of a system that peaked in 2015 that consists of nothing but bullshitting everyone. That apparently was even too much for Trump’s retard kingdom, only lasting four months.
I think the past four months has proven that the American public isn't as stupid as the investing class. While they bought into the notion that Elon Musk was a genius at first, after just 4 months of looking at Elon under the microscope, the American people figured out he was little more than a ketamine-addicted lunatic, and possibly a Nazi. Not good.
Now some may argue that the investing class has always known that Elon is a fraud, and that they allowed the mythmaking to get out of control because it's great for business. And by business, I mean pump and dump schemes. But who are they fooling, really? The investing class of multi-millionaires and billionaires have 90% of the wealth to begin with, so when it all comes crashing down and the trillion-dollar net worth of Tesla evaporates, it is they who are going to lose that money.
Which raises the question - what is the purpose of blowing these stock market bubbles, if all that paper wealth evaporates in the end anyway? I guess it gives the investing class a lifetime of thinking they are all billionaires, just so long as they keep buying and never sell. It's all so stupid.