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With Wall Street’s help, you’re about to be forced to buy stock in SpaceX

paulkrugman.substack.com

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Re: With Wall Street’s help, you’re about to be forced to buy stock in SpaceX

#61

Post by TMWNN »

apparent wrote: post #6

> But Musk proceeded to destroy X’s business model by turning it into an extreme-right, Nazi-friendly cesspool, prompting advertisers to flee. This is where he lost me. There are still plenty of liberals and independents on Twitter. It is not "extreme-right" and anyone who thinks so is either being dishonest or has no idea what the left-right scale of politics in America looks like.

According to the media and on Reddit, since Musk bought Twitter, Mastodon, Bluesky and Threads have collectively gained 70 bazillion users on seventeen different occasions, and have caused Twitter to collapse and disappear eleven times.

Meanwhile, in the real world, without Twitter, the video footage of the near beheading in Belfast would never have been seen by the world; yet another example of how it continues to make and drive the news.

Without the footage being available to all, the police and mainstream media would have continued to describe what happened as a mere "stabbing" or "assault" or "attack", as the media did for hours after it occurred. When was the last time anything, anything at all, happened after a Bluesky post?

Re: With Wall Street’s help, you’re about to be forced to buy stock in SpaceX

#62

Post by tastyface »

iknowstuff wrote: post #3

[flagged]

Well, he also killed several hundred thousand people (https://www.currentaffairs.org/news/how-elon-musk-killed-hun...) and started some race riots (https://www.lemonde.fr/en/international/article/2026/06/13/m...), but whatever. Bygones for some quick cash.

Re: With Wall Street’s help, you’re about to be forced to buy stock in SpaceX

#63

Post by happytoexplain »

volkk wrote: post #29
throw0101c wrote: post #18

Earlier quoted context omitted.

> I know right! Except for […] You mean like Krugman recognizes in this paragraph: > Granted, Musk has had some real successes. Tesla was ahead of the EV curve, and Starlink is a critically important service as well as a viable business. Krugman's hypothesis is in the very next paragraph: > But these achievements weren’t enough to make Musk the world’s richest man. His wealth has, instead, historically rested mainly…

[flagged]

I've never understood how common the appeal to "simplicity" is. It's also very simple to just kill everybody you disagree with. There isn't a simpler idea, really. What is the point? Why even write a comment?

Re: With Wall Street’s help, you’re about to be forced to buy stock in SpaceX

#64

Post by starik36 »

throw0101c wrote: post #45
focusgroup0 wrote: post #8

guy who predicted that the internet would be a flop and whose career amounted to taking potshots from a paper calling one of the greatest capital allocators of all time a fraud https://www.snopes.com/fact-check/paul-krugman-internets-eff...

> guy who predicted that the internet would be a flop 1. If you actually read the Snopes article, you'll see that his 1998 "prediction" was actually a humorous take on the Information Superhighway hoopla what was going on at the time. 2. Something else he wrote in 1998, in more serious matter, has been widely cited and was very important in the post-GFC world: https://www.brookings.edu/wp-content/uploads/1998/06/1998…

You should probably read the snopes article, because nowhere in it does it say that it was a humorous take on the Information Superhighway hoopla.

You are spreading lies. Easily checked lies.

Re: With Wall Street’s help, you’re about to be forced to buy stock in SpaceX

#65

Post by tastyface »

TMWNN wrote: post #61
apparent wrote: post #6

> But Musk proceeded to destroy X’s business model by turning it into an extreme-right, Nazi-friendly cesspool, prompting advertisers to flee. This is where he lost me. There are still plenty of liberals and independents on Twitter. It is not "extreme-right" and anyone who thinks so is either being dishonest or has no idea what the left-right scale of politics in America looks like.

According to the media and on Reddit, since Musk bought Twitter, Mastodon, Bluesky and Threads have collectively gained 70 bazillion users on seventeen different occasions, and have caused Twitter to collapse and disappear eleven times. Meanwhile, in the real world, without Twitter, the video footage of the near beheading in Belfast would never have been seen by the world; yet another example of how it continues to m…

Yes, some great things happened in Belfast in response to that post. Boy, isn't it great that the totally centrist Twitter is still relevant.

(History will judge you people appropriately -- as it did the people grinning at lynchings in 1950's America.)

Re: With Wall Street’s help, you’re about to be forced to buy stock in SpaceX

#66

Post by TMWNN »

tastyface wrote: post #65
TMWNN wrote: post #61

Earlier quoted context omitted.

According to the media and on Reddit, since Musk bought Twitter, Mastodon, Bluesky and Threads have collectively gained 70 bazillion users on seventeen different occasions, and have caused Twitter to collapse and disappear eleven times. Meanwhile, in the real world, without Twitter, the video footage of the near beheading in Belfast would never have been seen by the world; yet another example of how it continues to m…

Yes, some great things happened in Belfast in response to that post. Boy, isn't it great that the totally centrist Twitter is still relevant. (History will judge you people appropriately -- as it did the people grinning at lynchings in 1950's America.)

I apologize on Twitter's behalf for it no longer obliging in hiding events that go against The Narrative(TM). But, as we've been discussing, Bluesky is always happy to censor as much as you want.

Re: With Wall Street’s help, you’re about to be forced to buy stock in SpaceX

#67

Post by tastyface »

TMWNN wrote: post #66
tastyface wrote: post #65

Earlier quoted context omitted.

Yes, some great things happened in Belfast in response to that post. Boy, isn't it great that the totally centrist Twitter is still relevant. (History will judge you people appropriately -- as it did the people grinning at lynchings in 1950's America.)

I apologize on Twitter's behalf for it no longer obliging in hiding events that go against The Narrative(TM). But, as we've been discussing, Bluesky is always happy to censor as much as you want.

Enjoy having this content connected to your identity for the rest of time! You might be in for some unpleasant surprises later on.

Re: With Wall Street’s help, you’re about to be forced to buy stock in SpaceX

#68

Post by tastyface »

apparent wrote: post #6

> But Musk proceeded to destroy X’s business model by turning it into an extreme-right, Nazi-friendly cesspool, prompting advertisers to flee. This is where he lost me. There are still plenty of liberals and independents on Twitter. It is not "extreme-right" and anyone who thinks so is either being dishonest or has no idea what the left-right scale of politics in America looks like.

Nate Silver with the receipts: https://www.natesilver.net/p/social-media-has-become-a-freak...

Most of the top engagement on Twitter comes from the right.

Re: With Wall Street’s help, you’re about to be forced to buy stock in SpaceX

#70

Post by apparent »

tastyface wrote: post #68
apparent wrote: post #6

> But Musk proceeded to destroy X’s business model by turning it into an extreme-right, Nazi-friendly cesspool, prompting advertisers to flee. This is where he lost me. There are still plenty of liberals and independents on Twitter. It is not "extreme-right" and anyone who thinks so is either being dishonest or has no idea what the left-right scale of politics in America looks like.

Nate Silver with the receipts: https://www.natesilver.net/p/social-media-has-become-a-freak... Most of the top engagement on Twitter comes from the right.

> It’s not hard to notice that Twitter has become extremely right-leaning.

This is very different from X is "an extreme-right, Nazi-friendly cesspool".

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