Elon Musk is increasingly concerned about the U.S. national debt, which grows by a trillion dollars every 100 days, indicating a severe economic issue that requires attention.
Current U.S. spending patterns reflect troubling trends, with interest payments on the national debt now exceeding the defense budget, signifying a potential shift in financial priorities.
While taxing the wealthy is often proposed as a solution to revenue generation, its effect on the massive national debt would be minimal and insufficient to address the problem comprehensively.
Investors are advised that in the face of economic downturns, high-quality dividend stocks may provide a strategic cushion, attracting smart money to secure future gains.
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