Musk wrote in an X post that “double-digit growth is coming within 12 to 18 months,” and added that “triple-digit” growth could be possible in roughly five years if “applied intelligence” is a proxy for economic growth.
https://x.com/elonmusk/status/2003893474878541841
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Only way double digit growth is coming in 12-18 months would be on a nominal basis with significant inflation.
Elon is notoriously early and wrong on the economy. But no one pays attention to actual economists writing about these things, so I guess we can all trust this bro of everything.
Excelent answer 👌
Hyper bullish on the American economy
Happened in the 40s and 50s,
Nearly 20% in '42 when manufacturing from a bombed out Europe came to the US... WW3 footing to re-shore today is similar
90s got close with PC/Internet build out and productivity, AI potentially similar
Economists didn't think 4+ was possible a year ago, already notched under QT and a government shutdown ... Since they're wrong about everything I'd say this is a layup
That's even before getting into Bessent doctrine and the merging of the Fed-Treasury
https://twiiit.com/elonmusk/status/2003893474878541841
Anyone taking market predictions from a ketamine junkie and thinking they are serious should be slapped with a 2x4 upside the head until common sense kicks in...