😭Billionaire Tesla Elon Musk declares "financial emergency" as the "debt bomb" worth $35.7 trillion prepares Bitcoin price to rise to gold levels
Billionaire Tesla Elon Musk, who surprised traders with a shocking statement of support for Bitcoin this week, has repeatedly warned in recent weeks that the U.S. is teetering on the brink of "bankruptcy".
The price of Bitcoin has surged this year as concerns over the growing $35.7 trillion debt push the price of gold to an all-time high, while the Federal Reserve has found itself caught in a "nightmarish" scenario.
Now Musk, who is working overtime to bring "crypto president" Donald Trump back to the White House, labeled the U.S. government's $1 trillion annual interest payments a "financial emergency" as inflation fears push another legendary investor to buy Bitcoins and gold.