@taylorlorenz

Elon Musk can afford to tell his advertisers to eff themselves because his investors aren't interested in Twitter as a business.

Musk's investors are interested in ending democracy & thwarting climate action.

His investors are prepared to let Musk operate at a loss just to get those 2 items.

They're prepared to spend unlimited money keeping Twitter afloat to accomplish this.

Twitter's collapse could trigger a global financial crisis like 2008.

Bonus. In their view.
1/2

2/2

To Musk's investors, the collapse of Twitter means the possibility of a timely 2024 recession.

GOP billionaires are all over the business news desperately trying to doomcry a 2024 recession into existence, just to hurt Biden's re-election.

To his investors, a global financial crisis means the upward flight of capital into the hands of the 1%. Again

They ignore the human costs of millions losing their homes; the corporate bailouts & profiteering in 2008 & during the pandemic were worth it

@BluegrassRoots

Billionaires aren't interested in systems thinking.

"Consequences are for the little people." is how they view the problems caused by fossil fuel use, tax evasion, destruction of the middle class, policies of impoverishment for the next generation, price gouging, civil rights rollbacks, voter suppression, public corruption, pandemic profiteering, pointless wars, and funded anti-democracy activities.