DEV Community

David Tevzadze
David Tevzadze

Posted on

🚨 Elon Musk’s $DOGE : Plan to Save U.S. from Recession?

📉 As U.S. recession odds climb to 43%, Elon Musk’s Department of Government Efficiency (DOGE) has revealed a bold strategy to avoid economic collapse. Amid rising Trump tariffs and 4.5% Treasury yields, DOGE is pushing for increased GDP growth—shifting away from spending cuts toward radical productivity gains.

💬 Musk emphasized:
“Only radical improvements in productivity can save our country.”

💣 On Friday, Trump threatened the EU with 50% tariffs, triggering a drop in Bitcoin and crypto markets. Meanwhile, a U.S.–India trade deal is reportedly in the works, adding more uncertainty.

📊 Tesla, still bullish on BTC, holds $1.25B in Bitcoin. Despite market volatility, Musk seems committed to crypto through both DOGE policy and Tesla treasury moves.

💼 Treasury Secretary Scott Bessent echoed Musk’s shift, stating:
“We will grow our way out of this debt crisis.”

📉 The Fed may follow, with Chicago Fed President Austan Goolsbee forecasting rate cuts in 10–16 months.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.

Image description

Top comments (0)