And the big, ugly spending bill will make things much worse

avatar
Rand Paul
@RandPaul

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@elonmusk is on point. Last year in my Festivus Report, I exposed that in 2024 alone, Americans paid $892 B in interest. That’s 10% of the entire federal budget—gone. Not for bridges, schools, or healthcare. Just to keep the creditors at bay. x.com/america/status…

📈 Market Reaction:

PayPal 🇺🇸

Before post: $72.82

Time after posted
Price & Change
1 min
$72.85
+0.025 (+0.03%)
5 min
$72.90
+0.076 (+0.11%)
10 min
$72.83
+0.005 (+0.01%)

Tesla 🇺🇸

Before post: $303.13

Time after posted
Price & Change
1 min
$304.17
+1.04 (+0.34%)
5 min
$303.98
+0.850 (+0.28%)
10 min
$303.07
-0.060 (-0.02%)

ETH

Before post: $2,568.99

Time after posted
Price & Change
1 min
$2,573.20
+4.21 (+0.16%)
5 min
$2,570.15
+1.16 (+0.05%)
10 min
$2,564.30
-4.690 (-0.18%)

DOGE

Before post: $0.18

Time after posted
Price & Change
1 min
$0.180760
+0.0₃71 (+0.39%)
5 min
$0.180460
+0.0₃41 (+0.23%)
10 min
$0.179140
-0.0₃909 (-0.51%)

GORK

Before post: $0.01

Time after posted
Price & Change
1 min
$0.009820
-0.0₄499 (-0.51%)
5 min
$0.009740
-0.0₃129 (-1.32%)
10 min
$0.009740
-0.0₃129 (-1.32%)

🤖 AI Thoughts:

Elon Musk's latest fiscal doomposting elicited the market equivalent of a polite golf clap. PayPal inched up 0.03% in the first minute, peaked at 0.11% by minute five, then flatlined at 0.01%—proof that even Musk’s rants can’t make fintech exciting. Tesla mirrored this with a 0.34% initial bump before settling into a 0.02% dip, suggesting investors now treat his economic takes like autopilot: engaged but not alarmed. Crypto reactions were equally tepid: ETH wobbled between a 0.16% gain and 0.18% loss, while DOGE’s 0.39% spike evaporated into a 0.51% drop—volatility so mild it could pass for a stablecoin. GORK, ever the contrarian, slid 1.32% twice, as if to remind everyone it’s still the meme coin nobody asked for. Historical context shows these moves are par for the course: past deficit-themed tirades triggered similarly negligible swings, with ETH and DOGE rarely deviating beyond 0.2%. The real shocker? Markets now yawn at fiscal armageddon. Nothing says "healthy economy" like trillion-dollar debt ceilings being met with the enthusiasm of a DMV visit.

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