Elon Musk Is Predicting A MASSIVE RECESSION FOR 2022

Elon Musk Is Predicting A MASSIVE RECESSION FOR 2022

Elon Musk Is Predicting A MASSIVE RECESSION FOR 2022

Other Billionaires Saying The Same Or Worse

This short video covers the opinions of a number of different market movers

Elon Musk Is Predicting A MASSIVE RECESSION FOR 2022

Elon Musk | Predicting a MASSIVE RECESSION FOR 2022

83,187 views
Jan 4, 2022

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Link to Billionaire Video & Other Channel https://www.youtube.com/watch?v=YSh9I… Follow me on Twitter https://twitter.com/LorenzoBatarilo Billionaire Elon Musk. He has made some bold predictions in the past, most of which have centered around his electric car company Tesla. This time he’s making a different prediction, a much more serious one regarding the entire US economy. In today’s video, we break down some shocking tweets that seem to indicate that Elon has some extremely bearish thoughts regarding the US markets. Considering he’s a billionaire whose net worth is tied to a stock that is extremely sensitive to a recession his latest opinions are stunning.

Elon Musk Is Predicting A MASSIVE RECESSION FOR 2022

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FULL VIDEO TRANSCRIPT

00:00
billionaire elon musk he has made some
00:02
bold predictions in the past most of
00:04
which have centered around his electric
00:05
car company tesla this time he’s making
00:08
a different prediction a much more
00:10
serious one regarding the entire us
00:12
economy in today’s video we break down
00:14
some shocking tweets that seem to
00:16
indicate that elon has some extremely
00:18
bearish thoughts regarding the us
00:20
markets considering he’s a billionaire
00:22
whose net worth is tied to a stock that
00:24
is extremely sensitive to a recession
00:26
his latest opinions are stunning we
00:28
start with the tweets themselves it
00:30
begins with new york times reporter
00:32
christopher m tweeting out this claiming
00:34
that there are over 936 startups valued
00:37
at above 1 billion dollars elon musk
00:40
responds by saying if history is any
00:42
guide not many will make it past the
00:44
next recession as a side note here musk
00:47
is well versed in surviving recessions
00:49
tesla according to his very own words
00:50
was about a month away from bankruptcy
00:52
during the 2007 economic collapse but
00:55
it’s the next tweet that draws the most
00:57
interesting response a user name zack
01:00
asks the following when do you believe
01:01
the next recession will be and for a
01:03
billionaire who’s got a lot on the line
01:05
he says something relatively detailed
01:07
and shocking he responds with this
01:09
predicting macroeconomics is challenging
01:11
to say the least my gut feel is maybe
01:14
around spring or summer 2022 but no
01:17
later than 2023 let’s break that down
01:19
but before that since we’re on the
01:21
subject of twitter make sure you give me
01:23
a follow by clicking the link in the
01:24
description below so elon is essentially
01:27
saying that predicting the future of the
01:29
economy in the long term is challenging
01:31
but according to his gut he thinks
01:33
economic problems are quickly
01:34
approaching we know that the federal
01:36
reserve plans to raise the rate three
01:38
times this year in 2022 and there are
01:40
talks of demand being crushed by these
01:42
actions yet tesla’s most recent
01:44
quarterly result seems to indicate great
01:47
news they posted some serious stats that
01:49
blew out analysts expectations so the
01:51
big question is why would elon say
01:53
something like this this can’t possibly
01:55
be just a gut feeling and is likely an
01:57
opinion strung together by other various
01:59
pieces of data billionaires around the
02:01
world have been relatively bearish
02:03
recently in their public appearances
02:05
some including elon have put their money
02:07
where their mouth is by cashing out of
02:09
their stocks selling billions of dollars
02:10
of equity they have kept for years and
02:13
years but it’s not all bad for example
02:16
the world’s greatest stock trader nancy
02:18
pelosi thinks otherwise examining her
02:20
most recent disclosure reveals that she
02:23
has loaded up on in the money option
02:24
calls for various companies including
02:26
disney google and salesforce a position
02:29
that seems to indicate a positive year
02:31
for at least the tech sector these calls
02:33
are in my opinion an extremely
02:35
aggressive move for anybody let alone a
02:37
prominent congresswoman who shouldn’t be
02:39
trading derivatives in the first place
02:41
with her connections and insider
02:42
knowledge one has to ask themselves how
02:44
could it be that the world’s most famous
02:46
billionaire is predicting a recession
02:48
while one of the most prominent
02:49
politicians in this country is
02:51
anticipating an economic boom one spoke
02:54
with his words the other spoke with her
02:56
actions the story of this doesn’t end
02:58
there plenty more billionaires have come
03:00
out and expressed serious concern about
03:01
the future of our economy raydalio
03:04
recently went on lex freeman’s podcast
03:06
where he talked about the collapse of
03:07
empires sharing some concerning stats
03:10
regarding the united states in the past
03:12
couple of years rey has been relatively
03:14
consistent in implying that the us has
03:16
been on a massive decline headed towards
03:18
an economic and social disaster on the
03:20
other side stands china which according
03:23
to him challenges the us on every level
03:26
this belief is common among billionaires
03:28
including warren buffett’s right-hand
03:29
man charlie munger you can listen to him
03:32
speak about this in this 2020 interview
03:34
where he openly talks about his
03:36
admiration for what he calls the chinese
03:38
economic miracle
03:40
the other thing that’s really remarkable
03:42
the last 30 years of china
03:45
they have had real economic growth
03:48
at a rate for 30 years
03:51
that no big country has ever had before
03:53
in the history of the world
03:55
and who did that a bunch of communist
03:57
chinese
03:58
now that is really remarkable
04:02
so so if you’re studying finance you got
04:05
a lot of strange things to account for
04:08
so bob regenthoff who has a phd in 1979
04:12
from marinara clubhearing asked so how
04:15
would you rate investing in china with
04:16
the current political tensions or you
04:18
invested in china through the ownership
04:20
of american companies that do business
04:22
in china
04:24
well i’m
04:25
of course i’m invested partly in
04:27
american companies that do business in
04:29
china including coca-cola
04:31
and of course i’ve had very successful
04:34
experience there
04:36
and i think it’s likely to continue
04:38
china the chinese story is the damnedest
04:40
thing that
04:41
it’s a damn decision that ever happened
04:42
to a big country in terms of economics
04:44
no other big country ever got ahead this
04:46
fast for that long
04:48
so a lot of these elites including elon
04:50
musk at least imply that the u.s is
04:52
headed towards a disaster but we know
04:54
from simply glossing over an s p 500
04:56
chart that from a stock market
04:58
perspective the idea that the us is in a
05:00
decline is laughable we can argue back
05:03
and forth about the true state of this
05:04
country socially and economically but
05:06
due to the nature of modern economics
05:08
stocks seemingly only go up for 15 years
05:11
now we’ve never had an extended period
05:13
of losses and as much as humans love
05:15
hearing that everything is going to
05:16
crash and the economy is going to the
05:18
toilet most agree that there is nothing
05:20
that will bring down this market other
05:22
than the federal reserve it’s well
05:24
reported that the feds have been
05:25
contemplating a rate hike for quite a
05:27
while and based on the infamous dot plot
05:29
every indication is pointing to the fact
05:31
that the federal reserve will look to
05:33
raise the rate three times in 2022 but
05:35
these will be small hikes that have
05:37
likely been already baked into our
05:39
current market what everyone is worried
05:41
about is the future potential of
05:42
significant and extended rate hikes
05:44
those would undoubtedly heavily damage
05:46
the economy throughout but i have a
05:48
feeling that when a congresswoman known
05:50
for her positive stock returns make
05:52
significant option bets the likelihood
05:54
of a crash in the next year is very low
05:56
and even if there was one the federal
05:58
reserve would step in and save the day
06:01
just like they did in march of 2020. for
06:03
elon the tweet about an incoming
06:05
recession by 2023 is very interesting
06:07
when you consider the timing if you were
06:09
not aware musk has sold a record amount
06:11
of tesla stock whenever an insider does
06:14
this you have to wonder about the
06:15
underlying reasons we’ve all seen moves
06:17
like the ackman push before this is
06:19
where you publicly state that the market
06:21
is headed down but before you do so you
06:23
also secure either a short or a massive
06:26
cash position this way when your crash
06:28
happens you step in and scoop up even
06:30
more shares at a massive discount if we
06:32
look at tesla i think even elon knows
06:34
it’s massively overvalued way back in
06:37
the day he tweeted that tesla at 420 is
06:39
too high something that at the time
06:41
crashed the stock and made him trend on
06:43
social media now years later the stock
06:46
is well past that number nearly 200
06:48
percent higher and no one is batting an
06:50
eye in fact on january 3rd the stock
06:53
rose 13 in one day for producing in one
06:56
year what toyota does in one month an
06:59
absurd evaluation that is hard to
07:00
quantify using classic stock analysis
07:03
techniques predicting the future of
07:05
markets is difficult if not impossible
07:07
but it’s hard to be bearish when you
07:08
look at a chart like this and when you
07:10
stare at a disclosure showing how a
07:12
congresswoman is buying derivatives that
07:14
have consistently printed money for her
07:16
and her husband thank you guys for
07:18
watching please make sure you hit that
07:19
like and subscribe button if you enjoyed
07:21
it and if you have a minute please take
07:23
a look at my other channel where i just
07:25
released a video about the myth of
07:27
self-made billionaires it’s in the
07:29
description below