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Could X go bankrupt under Elon Musk?
(www.bbc.com)
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this post was submitted on 03 Dec 2023
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Pretty much. I understand the impulse to think he has to have some secret plan, some rational explanation for his behavior. I used to think the same thing, that there was some way he would actually make money from destroying the company, but no. No, he's just an impetuous, impulsive idiot who tricked himself into having to buy the company at meme stock prices, and is going to burn the whole thing to the ground purely because he is, in fact, a dumbass.
That impulse is similar to the impulse I see in conservatives when they claim Trump has to have a plan. "he's eluded prison time his whole life!" "He managed to become president!" Etc. Like. They insist there's a method to the madness. That method is that he shouts down anyone who tells him he's wrong and sells everyone else bravado. That's it.
It turns out that the most unrealistic part of "The Emperor has no clothes" was the crowd realizing after the child points it out that they've all been fooled.
The crowd will chastise the child and throw the child out of society for asking such a stupid question, or for making the emperor look foolish.
No shade, and I mean it. But I wonder if you could explain what it was that convinced you that he was smart originally?