Advertisement
AD

Main navigation

Elon Musk Sends His Condolences to US Economy

Advertisement
Fri, 10/04/2020 - 8:40
A
A
A
Elon Musk Sends His Condolences to US Economy
Cover image via www.instagram.com
Read U.TODAY on
Google News

Elon Musk has posted a tweet with an astronaut standing on the Moon watching a meteorite hitting the Earth and then flying through it in a cloud of fire. 

Advertisement

The CEO of Tesla and SpaceX, one of the most famous entrepreneurs of the modern world, might be sharing his take on the consequences of the coronavirus pandemic and the fact that the US Fed Reserve is printing another giant sack of USD to support businesses.

Meanwhile, the situation for average Americans is getting worse. Two weeks ago, the number of jobless claims in the US totaled 3.3 mln.

Advertisement
Article image
Image via Twitter

Then reports shared figures of 3.2 mln and 6.6. mln again last week. This week, 6.6 mln more people filed their jobless claims.

Article image
Image via Twitter

The US Fed Reserve keeps printing dollars and intends to give US citizens government cheques, $1,200 per month, to help them survive in the COVID-19-caused financial crisis.

Related

Some economists are warning that the US is heading for another Great Depression. The one that happened in 1929-1930 may seem like child’s play next to this one.

Crypto influencers and VC investors, such as Anthony Pompliano, and even some politicians are betting on Bitcoin, saying that it is a good store of value right now.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailboxSubscribe
TopCryptoNewsinYourMailboxSubscribe
Advertisement
Advertisement
Subscribe to daily newsletter

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD