Why Elon Musk thinks the US is going bankrupt |

Elon MuskTesla titan and part-time oracle of doom has made a fiery prediction about America’s financial future – and let’s just say: it’s not rosy. When Musk appeared on The Joe Rogan Experience (because where else would he drop economic bombs?) Musk sounded the alarm about the fact that the US was heading towards bankruptcy. The perpetrator? An astonishing $36.17 trillion national debt And interest payments gobbling up government revenue like Pac-Man is on a sugar rush.
According to Musk, America is on a high-speed train to ‘Dollar Worth Nothing-ville’. And if that doesn’t scare you, consider this: Uncle Sam will have spent $1.1265 trillion on interest payments alone in 2024, nearly a quarter of revenue. Imagine making $100 and handing over $23 just to cover credit card interest – yeah, ouch.
If this spiral is not stopped, Musk predicts a future in which the entire federal budget is sucked into the black hole of debt. Say goodbye to Social Security, Medicare, and anything that even remotely resembles stability.
So, what is Musk’s survival playbook? He has a few tips to keep your dollars from turning into Monopoly money:

• Invest in real estate: Houses don’t just keep the rain out; they tend to surf inflation waves just like seasoned surfers. Real estate investment trusts (REITs) or crowdfunding platforms make this accessible even if you’re not swimming in cash.
• Back Strong Stocks: Musk’s favorite brands are those that make real things that people love – think Tesla (obviously) and Apple. Companies that innovate tend to outpace economic chaos.
• Bet on gold: Gold has been the shiny panic button par excellence for centuries. Its value thrives when the economy doesn’t.

The background? Some financial idiots claim that the US can avoid technical bankruptcy by turning on the money printer. But Musk warns that monetizing debt too quickly could lead to runaway inflation, leaving the dollar in tatters.
Musk’s message: Act fast, America, or brace for a future where the contents of your wallet may only be good for wallpaper. Policymakers, over to you!