[초점] Musk’s betting controversy despite knowing about ‘U.S. economic crisis caused by Trump’

Elon Musk is giving a speech in support of Republican presidential candidate Donald Trump‘s campaign rally held at Madison Square Garden in New York on the 27th (local time). Photo = Reuters” style=”width:100%;”/>Enlarge image Tesla CEO Elon Musk is giving a speech in support of Republican presidential candidate Donald Trump’s election campaign held at Madison Square Garden in New York on the 27th (local time). Photo = Reuters The reason why the U.S. presidential election scheduled for November 5 (hereinafter local time) is being compared to past presidential elections is not only because the competition between Democratic candidate Kamala Harris and Donald Trump is an unprecedentedly close race.

The reason it is significantly different from the previous presidential election is that Elon Musk, who leads Tesla, the world’s largest electric vehicle manufacturer, entered the center of the election with his erratic behavior despite being called an icon of innovation.

It is not the first time that a businessman has supported a presidential candidate from either the ruling or opposition parties, but the reason why Musk’s case is so different is that he has continuously raised strong voices on various issues, regardless of the economy, society, politics, and diplomacy, and has used global social media This is because there has been no case in which a famous influencer and businessman who not only owns a private company but also has so much influence that he is called the world’s strongest one-man media has rolled up his sleeves for the election campaign of a U.S. presidential candidate.

However, it seems that many people, including major American media, are still not convinced.

This is because Musk, the CEO of the world’s No. 1 electric vehicle manufacturer, is fully supporting Trump’s challenge to re-enter the White House, as he is openly promising to repeal Joe Biden’s electric vehicle promotion policy.

Regardless of political faction, many economic experts are concerned that if Trump, who has been making economic promises based on populism and U.S.-centrism, succeeds in coming back to power, there is a high possibility that the U.S. economy will not only face a disaster but will also have a significant negative impact on the global economy. is paying.

However, just one week before the November 5 presidential election, controversy is erupting as Musk reveals his ‘differences in intentions.’

◇ Musk: “It is true that there is a possibility of an economic crisis during the second Trump administration.”

According to the Independent on the 30th, Musk, who even changed his effectively acknowledged the possibility that the U.S. economy would face a crisis when the second Trump administration takes office.

The article in question was titled “Sounds about right.”

Musk’s post was similar to an earlier post by a far-right influencer named ‘FischerKing64’, who is famous among Trump supporters.

In a tweet posted earlier that day, this far-right influencer said, “Trump, who pledged to deport illegal immigrants, won this presidential election and actually put this pledge into action, and Musk, who served as his kingmaker, is working to streamline the government and increase the efficiency of public officials.” “If we reduce the scale and reduce fiscal spending, the U.S. economy will face a significant headwind,” he argued.

In effect, Musk posted an article in agreement with a conservative commentator’s article predicting the possibility that the U.S. economy would face a major crisis.

In response to Musk’s remarks, The New Republic (TNR), an American progressive media outlet, said, “It reveals Musk’s true intentions in supporting Trump’s re-election and that he rolled up his sleeves for Trump’s re-election even though he was well aware of the risks.” “It lets me know,” he said, criticizing Musk’s two-faced actions.

However, according to the Independent, Musk’s actions that were different on the inside and on the outside were already revealed when America Pac, a political support group (super PAC) established by Musk to help Trump, participated in a video town hall meeting held for Trump supporters on the 25th. Captured.

Musk was asked about the impact Trump’s re-election will have on the future U.S. economy and said, “It is inevitable that all Americans will experience difficulties for the time being.”

◇ Controversy over the two-faced behavior

However, FischerKing64, which provided Musk with an opportunity to reveal his true intentions, argued that the U.S. economy is likely to deteriorate in the short term under the second Trump administration, but will regain stability over time.

FischerKing64 said, “The U.S. economy will be shaken as a result of the unprecedented national debt causing an asset bubble and the artificial wage suppression policy to eradicate illegal immigration.” “It will harden and develop to a healthier and more sustainable level,” he said.

As for that quick time, he claimed that about two years would be enough.

TNR pointed out that although it seems inevitable that an economic crisis will hit right now, it will quickly return to a recovery phase and ultimately serve as an opportunity for the U.S. economy to develop into a better state. Musk also agrees with this argument, TNR pointed out.

Kim Hyeon-cheol, Global Economics Reporter [email protected]