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Good Politics Is Bad Economics – Ep 803

The Peter Schiff Show Podcast

00:00

Is Elon Musk Really Buying Twitter?

Elan must is in fact buying twitter, at least that looks like his intention. Although if you look at where twitter shares are trading, they were down almost four % to day. The shares are trading for below 50 dollars a share. Some investors don't think the deal is going to go through. I'm sure there's a lot of arbs out there trying handicap this and making their positions. I think people should take the money and run. Infact, i thought people should have taken theMoney and run before this deal, because i didn't think it was real. And apparently i was wrong.

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