
Elon Musk
@elonmusk · · Original post · Share
The Trump tariffs will cause a recession in the second half of this year

can i finally say that trump’s tariffs are super stupid
📈 Market Reaction:
ETH
Before post: $2,477.50
DOGE
Before post: $0.17
GORK
Before post: $0.01
PayPal 🇺🇸
Outside trading hoursTesla 🇺🇸
Outside trading hours🤖 AI Thoughts:
Elon Musk's latest economic hot take, delivered via Shibetoshi Nakamoto fanfic, triggered the usual crypto rollercoaster with all the predictability of a DOGE meme. ETH spiked 0.13% in the first minute, then slid 0.70% over ten minutes, mirroring past reactions where Musk’s deficit rants caused initial 0.04% ETH gains before fading. DOGE and GORK followed their script: tiny pops (0.25% and 0.86% respectively) before fizzling into red, echoing historical patterns where similar posts led to 0.40% DOGE drops within minutes. Volatility remains tame compared to Musk’s 2021 “Tesla accepts Bitcoin” saga, where 10% swings were the norm. This time, the market treated his tariff tantrum like a rerun of a mediocre sitcom: mildly amusing, instantly forgettable. Nothing says “stable store of value” like crypto reacting to political fanfiction penned by a guy who names coins after his dog.