Thread by @ektrit

Okay, Elon Musk, Warren Buffett, Jeff Bezos, Bill Gates.

Why Elon is a shaky billionaire?

1/

https://twitter.com/ektrit/status/1602975911112065024

It all comes down to understanding POWER AND WEALTH.

Power and Wealth comes from owning REAL ASSETS that the economy cannot do without.

Or, by becoming what the great Peter Thiel calls, "To become a monopoly.".

2/

Let's see Buffett and Koch Brothers.

They know quite well that MONEY does NOT exist.

To reiterate, you ought to be ultra wealthy to understand that MONEY DOES NOT EXIST.

Only COLLATERAL EXISTS.

Money is just a note on a piece of paper of computer that you have collateral.

3/

So, Buffett keeps buying REAL ASSETS which increase his CONTROL of the supply chains, even when it doesn't make any sense, like with Occidental Petroleum.

Buffett owns BNSF railway which hauls crude oil, competing with pipelines.

4/

Same with Koch Industries. Their chemical mega large business was in danger of control by crude oil mega trading houses.

So, Koch Bros set up their own trading house, Koch Trading, in order to keep control of the supply chains.

5/

Let's move to Gates and Bezos.

What Gates and Bezos own is basically a MONOPOLY, which Peter Thiel explained.

Gates and Bezos own a mega large complex algorithm called Windows and Amazon.

Neither Gates, nor Bezos have any money.

6/

Neither Koch Bros nor Warren Buffett have any money.

They have the stuff that CREATES money, they have the COLLATERAL that RUNS THE REAL ECONOMY.

They are all invincible at this point for as long as they have such control of the Real Economy.

7/

Now, let's look at Elon Musk.

What kind of COLLATERAL which is indispensable to the real economy and supply chains does he own?

Answer:

00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000

8/

Nothing Elon Musk owns is either a Monopoly which the economy can't function without (Windows, Amazon), nor a large chunk of supply chains (Koch Industries or Berkshire).

And that is what Musk wants to become INDISPENSABLE to the real economy, as Peter Thiel has explained.

9/

Musk is trying hard to achieve that point with all sorts of stuff, Tesla, SpaceX, whatever.

He is not there yet. He keeps demanding and begging for the US Government to fund his fantasies and programs, he is not there yet.

10/

Buying twitter was one way to force the public opinion and/or the government to hand him out mega billions.

Will he succeed?

I don't know.

I'd say, no he will not. But, you never know.

So, this is what Elon Musk is and what he is trying to achive.

11/end

#krisonomics