ARTICLE AD BOX
In the last few days, a very unexpected friendship has formed between the presidential candidate Donald Trump and Tesla owner Elon Musk. Both of these personalities are very well known in their respective fields and have unique personalities. This similarity became more prominent during the Elon Donald Interview, which took place last month. Since then, these two have favored and spoken for each other in various events. With this, they have presented a new definition of political friendships. Now, Elon has called Trump’s winning a lifetime opportunity to prevent US bankruptcy.
Elon Musk Believe Donald Trump Will Prevent US Bankruptcy
In a recent interview with the All-in Summit podcast, Elon Musk again presented his personal views on various topics, including AI developments, Free speech, Government regulations, and much more. In one such discussion, Elon revealed how Donald Trump winning the presidential election is a once-in-a-lifetime opportunity to tackle the US’s rising debt and save the country from reaching bankruptcy.
If Trump Wins, we will have once in a lifetime opportunity to do government regulations and reductions as America is going to be bankrupt quickly, and everyone seems to be wheezing past the graveyard.
However, this is not the first time the Tesla owner has spoken on this, as he has doubled down on US bankruptcy warnings for some time. He has blamed the government for overspending and leading to US bankruptcy.
Even in a recent interview, Musk highlighted the government’s overspending, especially on the Defense budget, pushing the country toward bankruptcy. He highlighted the US defense budget is in Trillions, where the interest on the debt has surpassed the defense budget.
Because of this, over a trillion dollars are paid in just interest, which is rising constantly. Musk showed concern about how the government is adding a trillion dollars to our debt, which our kids or grandkids will have to pay.
Soon our kids or grandkids will have to pay this trillion of debt once in three months, then in two and one to the point where we will only be able to pay the interest.
Elon to Lead Government Efficiency Commission
On Thursday, at the Economic Club of New York Speech, Donald Trump wished for Musk to lead the government efficiency commission once he wins the presidential election. However, it has already been in discussion since their meeting during X’s interview.
This commission is designed to conduct financial and performance audits to track all the fraudulent activities in government programs. Moreover, Donald has promised to eliminate these frauds and any other improper payments among government entities within six months. Even, Elon Musk has agreed to lead this commission through an X post, stating,
I look forward to serving America if the opportunity arises. No pay, no title, no recognition is needed.
Nevertheless, this is not the first time Trump has invited Musk to join him. As earlier, he proposed the Key Cabinet Role for this multi-billionaire. but later, he took it back, saying Musk does not have the time to serve the White House Cabinet.
Final Thoughts
The US is submerged in $35.35 trillion in federal debt, and trillions are piling up every single year. Various industry leaders like Robert Kiyosaki, Elon, and others have presented their concerns in the last few days. Just recently, in an Elon Musk interview, he called the Donald Trump win, a once in a lifetime opportunity to tackle this. Moreover, these two have spoken of collaborating on creating a government efficiency commission months ago. It is in an attempt to tackle the rising fraud and improper payments among government entities.
Pooja Khardia
With a deep-seated passion for reading and five years of experience in content writing, Pooja is now focused on crafting trending content about cryptocurrency market. As a dedicated crypto journalist, Pooja is constantly seeking out trending topics and informative statistics to create compelling pieces for crypto enthusiasts. Staying abreast of the latest trends and advancements in the field is an integral part of her daily routine, fueling a commitment to delivering timely and insightful coverage
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.