The Guy Who Predicted the 2008 Crash Issues Warning About Elon Musk Torpedoing Federal Spending

Quick Summary:

Everyone's talking about recession indicators right now — which itself may be an augury of some kind.

Danny Moses, who was made famous in the book "The Big Short” for betting against mortgage-backed securities before the 2008 financial crash, is warning that markets are failing to account for the fallout of Elon Musk torpedoing the federal government.

Moreover, Trump's back and forth on imposing costly tariffs on the US's key trading partners has only injected more uncertainty into an already anxious economic climate.

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Article Details

Author / Journalist: Frank Landymore

Category: Technology

Markets: United States

Topics: Doge Elon musk Future Society Donald trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-24 @ 16:25:54 (1 days ago)

News Timezone: GMT +8:00

News Source URL: futurism.com

Language: English

Article Length: 537 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Futurism

News ID: 27287413

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Main Topics: Technology

Official Website: futurism.com

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News Last Updated: 8 hours ago

Coverage Areas: United States

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