Id be curious to know what those 3 companies are or do you mean 3 combined are 1 triliion?
Apologies if already mentioned. Have China been given the heads up about what is coming next..? Advisory for their citizens to leave Ukraine immediately..not good
The Russian economy is taking a hit but the crisis facing Ukraine is far more accute.
Who is going to pay these bills?
Ukraine is bust and I don't see the west providing the type of money needed just to plug their annual deficit for 1 year.
It's beyond IMF bailout territory. The country is bankrupt.
A very serious situation.
3 combined. Tesla, Space X and Boring are just a bit short of 1000b USD. Were a whole lot more before the current market dip, but the point that I made stands all the same. 7b in government funding wouldn't be missed, sure the man himself is worth multiples of that.
Jeez, they're a bit late with that aren't they. Everyone else sent that out last Feb and most have repeated it since.
38 billion is peanuts considering the world is riding itself of a mafia state. The money will come.
Well the west won't be paying Russia's bills ffs!
You could have phrased your question better.
IMF bailed out Argentina to the tune of $57 billion, so why is that beyond an IMF bailout? You could argue that Ukraine is more important as more of the world depends on their grain etc...
There is a lot of Russian funny money locked up around the world at the moment. Should pay a few of those bills for a decade or two after all the weapons bills are paid.
We received 67 billion in bailout funds between the EU and IMF in 2010. I think there's an argument there to fund the stabalisation of an EU neighbour or the indirect costs over time will amount to a lot more at a global and EU level. We could use a lot of the funds across the board that have been seized from Russia?
Bur Musk doesn't own Tesla, he owns less than 20%.
More like marauding orcs killing Chinese nationals would not look good back home.
That's a definite blast from the past
What is your point here?
I was originally responding to someone who said Starlink should be stripped from Musk, with a mention of the government subsidies that could be at stake being leverage for the government against Musk. The portion of Tesla that he owns isn't relevant here, the implications of their removal would impact the entire company, not just 20% or whatever it is he owns. Back to my point though and the removal of these subsidies wouldn't have any great impact to companies worth over 10 times their amount.
I’ve two points on this
1./ I’m just in from whole lotta zep in the academy. Absolutely savage.
2./ you’ve just given us the idea for our first dance at our wedding
You're off the beaten track completely.
Ukraine has a running deficit of €38bn per year and getting worse by the week. It's un-rescuable. They would have to cut everything and it will be a third world insolvent country. That's not opinion, that's a fact. They'd probably require north of €500bn in an IMF program over a number of years just to stay afloat before any adjustments.
The situation is not comparable with previous bailouts. It's really, really worse.
This is another driver to the negotiating table and, I would argue, the main one at this point because countries just aren't going to plug that gap for them.
sitting on the largest grain fields probably oil and gas too. NATO was a diversion for head orc. commodities what was being sought.
He's also a pedo who passed himself off as a teenager named Emily. He get's his attention as being one of the first people to question Bush's WMD's rhetoric.
https://www.nytimes.com/2012/02/26/magazine/scott-ritter.html
Edit: a dozen posts after this comical post, more or less posted the same
Elon just engages with the likes of this on twitter, It's like he is just being taken in by all this stuff and really thinks he is helping to try and de-escalate what is happening in Ukraine.
He is either hopelessly naive on this, or is playing some kind of game here.
My point is you're lumping in all companies setup by Musk into a group owned by him.
SpaceX run Starlink. So if SpaceX lost government subsidies or was stripped from Musk, it has no bearing on the publicly owned Tesla.
Different companies with different owners. Why are you lumping them together?
It'll be the western world who will pay, us included. Nobody is expecting us to fully replenish the economy lost, the economy itself in Ukraine will have to fill a big gap once it is brought back after this mess. The alternative is allowing a state to fail on your doorstep and that would make no sense after the investment we've put in. It could also be much more costly if we do nothing. We may as well have just allowed Russia steam in because in time they will do if the future for Ukraine is total economic collapse. It isn't good, it's terrible. It is what it is though and we'll all have to pay the price for the fallout of this war.
In the grand scheme, between all the powers at the table, this isn't a whole lot of money. There'll probably be more money made in the long run.
All I can see in your comments is that somehow these euro deficit figures you have picked out of your ar** are supposed to be of any significance in relation to the murder of thousands of the citizens of Ukraine by an invading dictatorship. The trillions of euros and dollars earned by the western economies of the world owe much of their continued wealth to the brave Ukranians who are stopping the expansion of putins dream of a rebith of the USSR and I don't see any of the powers bankrolling the Ukraine economy to be looking for any of their investment back when they are paying for their investment daily with the blood of their people.
To be fair, Kim Schmitz is a long standing knob with a sense of entitlement (and breaches of US copyright law) even bigger than Musk, and that's saying something.
Lumping them together makes sense because the point was a potential financial hit on the single biggest financial contributor and CEO of them all. A hit on one side will impact his decision making on the other.
This is getting nit picky now and off topic, i'm sure Elon isn't losing any sleep over us anyway.
So $38bn a year and needing north of $500bn over a number of years..... That be 21 years? You think the war will continue for 21 years?
Yes in a war footing, **** needs to be cut. You don't go Liz Truss and announce a run away budget ffs.
Long term there will be a Marshal plan for Ukraine which will cover the rebuilding of Ukraine. Countries WILL plug the gap.
An unstable or weak future Ukraine is not in the Wests best interest. Maybe you missed all the financial/military/humanitarian aid given so far?
Most of Ukraine's creditors have given them a 2 year freeze on their debt.
I think some forget the cost of the war in relation to the economy where most are on a war footing and not producing economic value for the economy at the moment. Once the war is over they will go back to civilian life and contribute to the economy.
The problem is beyond financial Kermit. Putin has to be stopped, if he's not, and expands his war, then the costs world wise of his war will go up. Saudi have just announced 400 Million USD donation to Ukraine, and for all the millions needed, the US have very deep pockets, and for them, it's a very cheap war. So yes, they will continue to support Ukraine, Biden has already said so.
It's a very very very cheap war for the USA considering what they spent in Afghanistan. Imagine taking out an implacable enemy for a fraction of what you spent in a peace keeping mission.
That is the real reason Putin wants Ukraine, its massive oil and gas reserves, not to mention its agricultural wealth. Nato was always just the excuse. Had it not been NATO, it would have been something else.
I believe their natural gas reserves are on par with Iraq. The oil and gas reserves are probably the largest on the continent and the 2014 annexations only occured as a result of the Ukrainian government awarding exploration rights to western companies.
They have a lot of natural resources… I’m sure that might come into play
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