Just now! Musk, sudden warning!

Musk came out to shout again!

A few days ago, Musk, the world’s richest man and Tesla CEO, said that the United States is rapidly going bankrupt due to excessive government spending. Earlier, the data released by the US Treasury Department showed that the total US debt reached $35 trillion for the first time. Some economists and historians worry that the current US debt level has exceeded many dangerous indicators, laying a hidden danger for the United States and the world.

At present, it has been more than a month since Musk officially expressed his support for Republican presidential candidate Trump. Some American media commented that a series of attacks by the Democratic Party showed that Musk’s support exposed Trump’s weakness, that is to say, Musk’s support for Trump was counterproductive. So, why do you say this?

Musk warned

American entrepreneur Musk recently issued a warning that the United States is in the "fast lane" of bankruptcy due to excessive government spending.

Musk shared a user’s post on the social media X platform on August 30, and commented: "According to the current expenditure rate of the government, the United States is in the fast lane of bankruptcy." Musk’s post wrote, "Excessive government spending is the cause of inflation."

More than ten days ago, at the first live interview between Trump and Musk on the X platform, Trump blamed the inflation crisis on Biden’s "wanton squandering" of financial funds, which led Americans to fall into a once-in-a-century inflation crisis.

At that time, Musk praised Trump’s anti-inflation effect in the interview. Musk said: "As you just said, many people are worried about the economy and inflation. Inflation is actually a tax on people who like to save money. For people who work every day, it is just a tax. If we can solve the problem of government expenditure, we can solve the problem of inflation, which means that people will have a better living standard. This is a very important thing. "

According to the data released by the US Treasury Department on July 29th, the total US debt reached 35 trillion US dollars for the first time, which is equivalent to the sum of the economic aggregates of China, Germany, Japan, India and Britain.

The rapid increase in the size of US Treasury bonds directly leads to a corresponding increase in interest payments in the future. The data shows that debt interest payments are expected to be the fastest growing part of the federal budget in the next 30 years. According to the forecast of the Congressional Budget Office, by 2033, the debt interest payment will triple from nearly $475 billion in 2022 to more than $1.4 trillion. By 2053, the debt interest payment is expected to soar to $5.4 trillion. This will exceed the US expenditure on social security, medical insurance and Medicaid. Some economists and historians worry that the current debt level of the United States has exceeded many dangerous indicators, laying hidden dangers for the future of the United States and even the world.

According to Xinhua News Agency, the United States keeps raising new debts to pay off old debts, and the "confidence" comes from dollar hegemony. With the hegemony of the dollar, the United States passed on its own risks and harvested global wealth through interest rate fluctuations. However, the long-term debt addiction has made the United States unable to get rid of the bad habit of "spending money on food", thus sowing the seeds of crisis. Economists and historians believe that there are some new dangerous indicators in the US debt data, which may further impact the US financial hegemony.

US media: Musk exposes Trump’s weakness

According to the National Broadcasting Corporation (NBC), Musk’s support for former President Trump is to improve the candidate’s chances of winning in the November election. However, more than a month after Musk officially expressed his support for Trump, a series of attacks by the Democratic Party showed that Musk’s support exposed Trump’s weakness.

According to the report, since Musk announced his support for Trump on July 13, Harris’s campaign team has repeatedly attacked Musk’s anti-worker stance. The campaign team called Musk and Trump "narcissistic rich people" and forwarded an audio of the event on Musk’s social media application X. In the video, the two laughed at the dismissal of striking workers.

Harris’s allies, including Shawn Fain, president of the United Auto Workers (UAW), also launched attacks one after another. UAW accused Musk and Trump of unfair labor practices, saying that they interfered with workers who might want to exercise their labor rights. Finn emphasized this issue in an interview with the media.

Now, some Democratic strategists seem eager to continue to emphasize the alliance between Musk and Trump, which they believe strengthens Trump’s weakness. Pete Giangreco, a Democratic strategist in Chicago, said: "Whenever elon musk tries to do something to help Trump, I think it will inspire the grassroots of the Democratic Party to oppose him."

The report pointed out that Musk’s support should have been even more powerful for Trump. Because this shows that Trump will have all the funds and social media firepower needed to re-enter the White House, which makes people feel that Trump has won the support of a large part of the American technology industry and entrepreneurs. Considering Musk’s unprecedented wealth, celebrity and media influence, his support can be said to be the most striking and coveted in this election cycle.

But it seems that this is not the case: Musk’s Super Political Action Committee (PAC) experienced a major personnel change shortly after its establishment. Many other large technology donors refused to follow in Musk’s footsteps and chose to join Harris’s camp.

Trump’s campaign team recently said that if Trump re-enters the White House, he will abolish many clean energy regulations of current President Biden and speed up the approval of power plants to meet the growing demand for electricity in the United States.

Trump VS Harris

According to the reference news, the Associated Press reported that the Trump campaign team issued a statement from the family members of the fallen soldiers on September 1. The statement said that Trump was invited to Arlington National Cemetery, and said that the election competitor and Vice President Harris were using the fallen soldiers to engage in politics.

The report mentioned that on August 26, local time, Trump went to Arlington National Cemetery to participate in the commemoration of the third anniversary of the bombing of Kabul Airport in Afghanistan. However, Trump’s appearance in the cemetery caused controversy. US Department of Defense officials said that Trump’s campaign team was warned not to shoot in the cemetery, and Trump’s assistant was also accused of colliding with the cemetery staff.

Trump has been trying to link Harris with Biden’s hasty withdrawal from Afghanistan in 2021, including the suicide bombing at Kabul airport that killed 13 American soldiers. The cemetery incident is the latest continuation of this political killing.

According to the report, Harris accused Trump’s trip to the cemetery last weekend as a "political gimmick" and a "disrespect for the sacred place". However, some families of the dead soldiers pointed out that Trump went to Arlington Cemetery to pay tribute to their loved ones.

In a statement, the family of the fallen soldiers said: "President Trump was invited by the family of the fallen soldiers to attend the memorial ceremony for the third anniversary of the children’s sacrifice. His arrival is to show respect for their sacrifice, while Vice President Harris disgracefully turned this sacred moment into a political conspiracy. " The report also said that throughout the weekend, Trump was using social media accounts to post video testimonies of military relatives.

In addition, Trump’s campaign team recently said that if Trump enters the White House again, he will abolish many clean energy regulations of current President Biden, and at the same time speed up the approval of power plants to meet the growing power demand in the United States.

Proofreading: Li Lingfeng