The (real) dead economy theory: Vibes and memestocks, all the way down.
bsky.app/profile/did:...
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@doctorow.pluralistic.netHere's a fun fact about Elon Musk: in 2020, his (nominal) net worth was $20b, and today it's $1t (nominally). But *that's* not the fun fact; *this* is: everything he's done since 2020 was a flop.
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