Anomandaris

It seems like their economy is reliant on a series of short term fixes, and as each one winds down another bigger one needs to take its place.

12% interest is another example of this, it will improve things in the short term but has no effect on the underlying problems, meaning that in a couple of months or so something even more drastic will be needed.

And the rest of the developed world is going to follow close behind as long as the wealth inequality stays as ridiculously broken as it is.

Although it may very well be caused by Twitter running out of money, which would be corroborated by Twitter’s lack of payment to various other parties. Giving Musk three options: Use more of his own money, admit defeat and massively scale back Twitter’s functionality and availability, or try to scam money out of other people.

Clearly he’s not willing to spend his own money, or admit failure.