Elon Musk warns the U.S. is ‘1,000% going to go bankrupt’ unless AI and robotics solve debt crisis

Tesla CEO Elon Musk doubled down on his warnings about U.S. debt, predicting financial doom will be guaranteed without the transformative effects of AI and robotics on the economy. In a lengthy, wide-ranging interview with podcaster Dwarkesh Patel alongside Stripe cofounder and president John Collison on Thursday, the tech billionaire was asked why he pushed for aggressive spending cuts while…

Penang’s Bankruptcy Numbers Are Rising. Here’s Why

Follow us on Instagram, TikTok, and WhatsApp for the latest stories and breaking news. Last year’s bankruptcy figures reveal a worrying trend that warrants closer attention Malaysia recorded nearly 7,000 new bankruptcies over the past year, averaging about 19 individuals declared bankrupt every day. Even more troubling is the scale of debt: over the past five years, more than…

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