Globe & Mail reporter Chris Gay told Canadian readers ‘how to properly hate’
@elonmusk for becoming a trillionaire via SpaceX.
Here’s an idea:
- Maybe Mr Gay could explain to readers why Canadas fed govt lost $50bn betting against Tesla on EVs - and is in the process of losing billions more backing no-launch capacity Telesat to compete with StarLink - SpaceX.
Our federal govt is lighting on fire billions we don’t have betting against a guy changing the lives of millions with reusable rockets, global internet, EVs, nueralink, boring company etc.
Capitalism creates wealth as markets embrace life-improving goods and services. Which is why our teachers will get an $11bn windfall via their pension betting with Musk.
Socialism destroys it through the politics of envy and statist central planning and loss-making ‘investments’ which is why this federal govt is so awful at capital allocation.
@globeandmail - pls tell the whole story.