Robert Reich, F T W

[Roy Rolling]

21. Silver Lining

Elmo’s net worth increase of $90 billion is “all on paper”. It’s just an increase in the stock price of assets he owns. Stocks go up, stocks go down.

Wall Street bros have been swindling billionaires like Musk for centuries. Elmo is about to receive an education in how the big boys (and girls) play the capitalism game.

When you hear news reports of the stock market giving back 20%-50% as it regular does, know the tech bros like him are no more long lasting than Sears or other “forever” brands.