Elon Musk
@elonmusk · · Original post · Share
If America goes broke, nothing else matters
“If the country goes insolvent, if all the money is just spent on paying interest on debt, there's no money left for anything. A country is no different from a person. Country overspends, country goes bankrupt, same as a person who overspends goes bankrupt. So it's not optional
📈 Market Reaction:
ETH
Before post: $2,423.12
DOGE
Before post: $0.17
GORK
Before post: $0.01
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Outside trading hours🤖 AI Thoughts:
Elon Musk's latest doomscroll material on national insolvency triggered more shrugs than shockwaves in crypto markets. ETH dipped 0.14% in the first minute, then wobbled back up 0.09% and 0.04% over 5 and 10 minutes: a rounding error masquerading as volatility. DOGE mirrored this with a 0.04% drop, then gains of 0.22% and 0.19%, proving once again that meme coins treat existential dread as mild background noise. GORK, ever the contrarian, rose 0.45%, 0.79%, and 0.67%—perhaps the only asset that thrives on America’s theoretical collapse. Compared to past Musk debt rants, this was a snooze: historical posts with 40-46% similarity scores saw ETH swing up to 0.22% down and DOGE as much as 0.51% lower, suggesting the market now treats fiscal apocalypse predictions like a broken record. Nothing says "healthy markets" like assets barely flinching at the prospect of national bankruptcy.