‘Nothing Stops This Train’—$37 Trillion ‘Emergency’ Behind Tesla CEO Elon Musk’s ‘America Party’ Primes A Bitcoin Price Bombshell
2025-07-06 10:57:54
Main Idea
Elon Musk has started a political party called the 'America Party' amid concerns over the $37 trillion U.S. debt, while hinting at continued support for Bitcoin, which some believe could surge due to fiscal policies.
Key Points
1. Elon Musk announced the formation of the 'America Party' after falling out with Donald Trump over the U.S. debt ceiling increase.
2. Musk warned that Trump's fiscal policies, including a $3 trillion debt addition, could bankrupt the country.
3. Financial commentators suggest the growing U.S. debt could drive a Bitcoin price boom, with predictions of a surge to $150,000.
4. Wall Street and Silicon Valley investors are increasingly concerned about the U.S. fiscal emergency and its impact on the dollar.
5. Bitcoin previously jumped 38% after a major spending bill in 2020, leading to speculation of a similar price surge.
Description
Elon Musk has announced he’s starting his own political party called the “America Party," while dropping hints he’s still backing bitcoin...
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