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Main conflict of egos is coming

by Index Investing News
November 12, 2024
in Opinion
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Monday, Nov. 11, 2024 | 2 a.m.

I’ll simply say one factor with reference to the election outcomes: Elon Musk’s web price simply went up.

He’ll play an enormous function on this administration and, like Donald Trump, he’s a narcissist. Their egos will conflict.

Musk is a superb entrepreneur whose concepts have flourished as a result of stockholders allowed him to take dangers. The federal authorities is just not a enterprise, and may’t be run like one.

The purpose of a enterprise is to become profitable, interval. The aim of the U.S. authorities is expressed within the Preamble to the Structure, which states, “We the Folks of america, in Order to kind a extra good Union, set up Justice, insure home Tranquility, present for the frequent protection, promote the final Welfare, and safe the Blessings of Liberty to ourselves and our Posterity, do ordain and set up this Structure …”

Amongst different harebrained by concepts Trump, Musk and different Republicans need is to slash budgets of federal departments. Mission 2025 ought to scare clever folks. The election is over. Keep tuned for the implications.





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