Elon Musk could be jailed. Trump is linked to the Epstein list. Billions in unpaid taxes. The crypto winter has returned, as the two richest men in the world exchange punches on Twitter. What just happened, and why is your investment portfolio bleeding?
It all started with a mocking meme. Elon mocked Trump's tax policies, saying they hurt his sector (and his favorite stock DOGE). Trump responded by saying Elon should lose his government privileges and pay his taxes.
Trump then escalated his attack, recording a video accusing Elon of treason. He claimed that Musk turned on him after receiving full support during his presidency. Elon responded that a new tax on electric cars was passed behind his back, without his knowledge.
Tensions exploded when Trump said Elon should 'go to jail.'
In response, Elon claimed that Trump's name was on Epstein's secret island list, which is why the list was never published.
Cryptocurrency markets reacted immediately. The price of Bitcoin dropped, followed by altcoins.
On top of all that, Elon launched a Twitter poll asking whether the U.S. government should be dissolved. Millions voted within hours.
Markets fell. The price of Bitcoin dropped.
The Doge stock, of course, remained strong.
Elon concluded a poll asking whether the U.S. government should be dissolved.
Millions voted. Chaos became a reality.
No reserve bank. No consumer price index. Just egos, a scandal, and your investment portfolio in the crosshairs.
