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Elon Musk Warns US Government Faces De Facto Bankruptcy


Elon Musk has warned that the US government is on the verge of going bankrupt if it doesn’t control its skyrocketing debt. The billionaire entrepreneur has taken a bold step by agreeing to co-lead a new team under President-elect Donald Trump that aims to tackle this huge problem and cut government spending.

Musk’s warning comes after a prediction from Kalshi, a financial company that lets people bet on future events. Kalshi’s market suggested there’s a 36% chance the government will red…



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