Even the uber-rich are fretting about the economy now | CNN Business

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Elon Musk and Jeff Bezos, two of the wealthiest people on the entire planet (who generally don’t agree on much of anything), are both signaling some tension about a looming recession.

Elon Musk and Jeff Bezos, two of the wealthiest people on the entire planet , are both signaling some tension about a looming recession. Bezos earlier this week commented that it’s time to “batten down the hatches,” in a tweet that included a video of Goldman Sachs’ CEO saying there was a good chance of a recession on the horizon. Musk, for his part, was a little more sanguine as he sought to ease Wall Street’s concerns about Tesla’s growth prospects.

Shares fell 7% in early trading Thursday, even though Tesla reported near-record profit in the third quarter. Analysts and investors are increasingly worried about Tesla’s ability to sustain its growth in the face of logistical problems and rising inflation. The comments from Musk and Bezos add to a chorus of powerful figures fretting that the economy is going to take a turn for the worse.

 

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Fack that

Please. This is collusion. They’re signaling to the world to make it happen and rake in any profits possible.

i sold off most of stock i held when i heard the news elon and jpow sold theirs. thanks to both for signalling for me to save my asset. they're my hero.

China is going to take over the World. They have more people than anyone else and have land almost everywhere. So buckle up people learn how to speak the language of the next super Super power.

My 2 acres of land and garden are recession proof! You don't need most of what our society is selling...

No kidding. Call Biden right away!!!!

they will just get richer

.s

We are in a recession.

My hope is that more companies will come online and admit that the Democratic Socialist running this country, today, will someday TAX them into oblivion unless they join the us in voting them out of power.

They don't care

No one's fault but Biden's

It won't happen! You know why? Biden will change the definition of recession. Problem solved!

CNN, Musk & Bozo🤡 R late to the 🥳🎉🎉

I lived through 2 recessions. Lol.. It was only a recession according to billionaires. Yes, they tried to strangle home builders, home sellers and after, so called recession, interest rates subsided.. but, many workers still out of work..OK. Unemployment and medicaide. Is stupid.

Jeff could help by not ripping people off on postage on Amazon

Oh please let me know how worried rich a$$holes feel

It's been pretty much a recession since covid started

There's always the threat of recession during election year. There's always a recession when the new administration takes office. This is how they control voters.

As the saying goes “No shit Sherlock”

Captain Kirk can you save us and also………..oh wait brb my cats on fire

Well they should be because they are involved in creating it.

CNN. STILL A HORRIBLE NEWS NEWS NETWORK THAT NO ONE WARCHES

Me, Elon musk and Jeff betos three of the wealthiest on the earth planet....isn't that sound interesting....lol Am rich and I will.......🤗🤗🤗🥰

We are already in a recession by every known marker. Up until Biden took office that is, then definitions started changing all over the place!🥴

I'm sure they're chomping at their gold-plated bits to steal more wealth from the rest of us.

Why are you implicitly framing this as though these two are somehow both authority figures on economic matters or, even worse, potential victims of an impartial economic climate that they're equally subject to? They want it this way and they'll be fine unlike the working class.

Sure. It's gonna suck. Still won't ever vote for a Republican.

Why GREED WHAT ARE THEY GOING TO DO TO HELPFOLLOW CARLOS HELU HELPING THE POOR AND HE STILL A BILLIONAIRE elonmusktwitter JEFFBEZOS DO SOMETHING YOU BOTH HAVE MORE MONEY THAN GOD WHAT ARE YOU GOING TO DO TO HELP USA THAT WILL HELP COMMUNITIES OF COLOR

Hey, no problemento, they can afford it

“Looming”? THAT is rich.

Fretting about profit is what they care about.

Looming?

Pretty certain they agreed on labor unions and taxes before this but ok…

Fear not, the President said the economy is strong as hell. He would know

There isn’t a looming recession, there is a recession. Would you care if you had a gazillion? No. However, these two men have very different mindsets, and contribute money where they choose. So be it

Bezos is smarter.

The primary reason for this being we have too much government regulation and taxes as well as government spending. This results in people having less money and the money being worth less. Thus making people more dependent upon the parasitic government.

Looming It’s already here. BidenInflation BidenRecession biden BidenMustGo bidengashike BidenEnergyCrisis bidendementia

BECAUSE THEY DO NOT WANT TO PAY TAXES!!!!

Wait I thought inflation was good for us little guys!

Looming? How out of touch are you all? We are IN a recession. We have a looming DEPRESSION and Nuclear War!

LOL no they aren't

I can’t find a great plastic, glass or ceramic jar that can be delivered I. 7 days elonmusk cnn Definitely, recession is coming!

Just remember we were thriving under trump , you voted Biden and his administration is all people who aren’t qualified

Don't worry about them, they'll be fine. Worry about yourself and you'll be fine too.

EVERYONE is worring about the economy..THANKS CNN for yet another 🤣 🙄

Two shits.

You know..if both of them divided half of their 'worth' up among all US citizens, most of us would have no debt...so I don't care about their views less than doing that.

They're not 'fretting' about it. They're trying to make it happen. How very far you've fallen, .

they want to elect republicans who only work for elitists like them. i am voting straight blue

Since when did they become experts in predicting recession. They do cars and computers. Do better CNN.

But not for them

It’s just transitory. Fastest recovery ever. This is the strongest the economy has ever been. It’s just greedy multinational corporations. What’s the next one?

Dah

Both are crony capitalists who use all sorts of lies and claims to secure state subsidies or write-offs that are denied their competitors. The are more parasites than entrepreneurs.

'Looming' we are already there

Thoughts and prayers

got any other rumors you want to promote CNN? Asteroid tracking toward the Earth?

Perfect excuse to gouge their workers even more. Don't you know there's a recession? We will remove whatever measly benefits from you cos the company has to survive. There's a recession you know? Plus my yacht needs millions to refurbish and I want to rocket into space again.

Listening to billionaires talk about recessions is like you reading what I am writing. A waste of time.

once again proving they have become FoxLite & the RNC's press corps.

Yeah you fascist racist republicans have been calling it since Biden won! GFY

Why they’ve made out like bandits for the past two years.

More doom and gloom from CNN! They are determined to undermine our democracy and turn us into a fascist state

Inflation Recession

They should try redistributing some wealth

The guys who benefit from those massive tax breaks for the wealthy? Those guys? Weeks before an election? Uh huh. GFY, new .

Recession and high gas prices ☝️ Joe will stop releasing barrels from the reserves after the midterms. Just get your popcorn and wait…

Already in one

They will be losing money?

If I've learned anything, it's to generally do the opposite of what the super wealthy people tell me. If they are saying to sell, it's because they want to buy.

Cmon guys you're really worried about your profits. Keep it real

Everyday Americans are losing thousands, but They are losing Billions.

You voted for Biden and now you are surprised at the looming recession? Trump voters knew this Trump2024 recession

The poor things. They might have to wait another six months to purchase another country.

Looming, it’s already started. I’m sure they’ll cope

Are they worried that consumers won't be able to buy Teslas and well, all the shit Amazon sells?

All the negativity about them being rich. Do any have any idea how much insurance is for a yacht that size?!

These two are symbols of the vast wealth and income gap that has grown since Reagan's trickle down hoax was introduced. Try exploring how this gross economic imbalance is a de-stabilizing force in the economy and major contributor to the 'looming recession.' Write about THAT.

We don't need these two saying anything except about their businesses. youdontknoweverything

Bad time to overpay for Twitter. That’s what an inflated ego gets you.

Duhhhh

Both deal in supply and demand. What government policy can make you create more supplies? 🤔

It’s Corporation’s fault like, we would t be in this mess if they weren’t artificially skyrocketing the prices on things. They don’t care!

This is the article that caused me to block CNN forever. Goodbye GOP rag. BoycottCNN

Bezos is a real bazillionaire. Musk is a top-line billionaire similar to Trump, subtract the liabilities and hypotheticated securities and probably not so much.

All the rich business owners thought this would be a good time to price gouge people and now people aren't spending as much money on the extras. Who could've seen this coming?

Looming?

“Some tension?” Lol. It’s a little harsher than that. The political party your network speaks for is leading us straight into a years-long recession. Government spending is not the answer for inflation. But you won’t hold Dems accountable for this failed philosophy.

My dog can tell you recession is coming. And all she does is eat poop and sleep,

Its already here

So funny how some politicians and their supporters cry about the rich paying their fair share...but their hero politicians never change the tax code to make them do so. 😂🙄🤡

How would CNN know they don't have any reporters.

Recession? That’s crazy!

im blocking CNN. I suggest everyone do the same. just garbage journalism.

I tweeted that since Biden came to power. This president and behind him his Democrats, made the US economy horrible and made enemies everywhere in the world. So, have fun America😎

We've reach that point where is put ur money where ur mouth is

Bidenomics

Oh I bet they're scared. They may not be able to double their earnings. How can they be expected to live like that?

Everyday people have been saying we're headed for a recession we don't need these two yahoos to tell us that.

And they combined could change the course of any recession or change the course of the world with the wealth they have. Good, get tense! It’s just the beginning for these kinds of men!

WHO CARES! As if they will hurt.. Oh nosies! I lost 5% of my 300 BILLION dollars.

Hey I’m not liking your erosion of journalistic integrity. The stories you choose to promote are suspect.

Oh my friends Elon & Jeff. A response from a human being in r great nation & universe.The human beings in our great nation & universe ARE NOT going to allow the WEALTHIEST (which is the results from the spending from the great human beings in our nation & universe) to dictate.

The corporate rich created the problem. Now the oligarchs want to support fascism for the rest of us for their bottom lines. Corporate media blame the government on their behalf for their price gouging. Maybe fascism will bring them better ratings and tax cuts.

The recession we're already in, or the next one?

adobe stock is worth more than trillion dollar Amazon lol.

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