And in this scheme, ordinary Americans invested in index fund may get hurt, he warns
(Newser) -
It's been a big day for Elon Musk, or, as economist Paul Krugman calls him, the "human Ponzi scheme." In a Substack column, Krugman argues that the newly minted trillionaire's biggest product isn't cars, rockets, or AI—it's belief in Elon Musk. Krugman notes...