Financial discussion with Dimon
During the live -streaming Space Event, MUSK explained that this initiative stimulates confidence in US bonds, despite the fact that the market does not reflect potential savings. The mask said, “If you are shortening your bond, you will be on the wrong bet.”
The mask did not share specific details about when and where the story with Dimon would happen, but he confirmed that it was aiming for a financial audience.
If successful, Mask’s Doge Initiative could reduce government borrowing and generally could make investors’ concerns about rising yields, which generally benefit bond investors.
Dimon support for mask cost reduction efforts
The collaboration between MUSK and Dimon continued just a few weeks after Dimon provided his support for MUSK’s cost reduction efforts. In recent interviews, Dimon expressed his willingness to support MUSK’s Doge Initiative, acknowledged the complexity of cooperating with the federal government, but provided support as needed.
The two billionaire has recently repaired their relationship, and Dimon calls the mask “Our Einstein” after a long chat at the meeting.
A wide range of plans for Mask DOGE
The mask also uses a space event to share more details on DOGE’s plans, including suggestions to close US international development organizations (USAID), and exceeds the “worm ball” and “repair.” Was called. We talked about USAID with US President Donald Trump. MUSK has taken measures to control USAID, and has been reported that it has gained access to confidential information, including intelligence reports.
In addition to these efforts, the mask talked about government regulations overhaul. He praised Trump’s presidential order to reduce the burden of regulations, but expressed his desire to promote even greater deregulation. Musk stated that the regulation was “basically not default, not default, but default.”
FAQ
What is DOGE?
DOGE is a government efficiency station (DOGE). The purpose is to rationalize the US government and reduce unnecessary spending. It is not an official sector yet, but it reduces bureaucracy and makes institutions more effective.
What is the role of Jamie Dimon in this Initiative?
Jamie Dimon supports Musk’s Doge Initiative and cooperates with him in a live discussion aimed at persuading the bond market to stabilize US debt.
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