LIVE

MARKET CAP$2.53T+1.34%

24H VOL$109.40B+41.60%

EXCHANGES1,456

BTC DOMINANCE57.1%

ETH DOMINANCE10.6%

TOP ALTBNB (3.3%)

LIVE

MARKET CAP$2.53T+1.34%

24H VOL$109.40B+41.60%

EXCHANGES1,456

BTC DOMINANCE57.1%

ETH DOMINANCE10.6%

TOP ALTBNB (3.3%)

Home›Coin Gape›Elon Musk’s DOGE Shares Plans To Avoid US Recession

Coin Gape

Original publisher

Share:

Elon Musk’s DOGE Shares Plans To Avoid US Recession

May 24, 2025

1 min read

Elon Musk’s DOGE Shares Plans To Avoid US Recession

Amid Trump tariff wars and rising US Treasury Yield, the American economy seems in a very tight spot, as Elon Musk’s Department of Government Efficiency (DOGE) comes up with a plan to avoid US recession. The tech billionaire who’s close to US President stated that accelerating GDP growth is one way to avoid the US debt crisis. This means a clear 180-degree shift from cutting down federal spending to increasing it. Elon Musk Reveals DOGE’s Plan To Avoid America’s Bankruptcy As the Trump tariff war continues, the US bond market remains heated as the 10-Year Treasury yield has spiked to 4.5%, raising growing concerns of US recession. As per the Kalshi data, the odds of a recession in the United States surged to 43%. Source: Kalshi In order to prevent America from slipping into bankruptcy, Elon Musk has emphasized the importance of accelerating GDP growth. While acknowledging the efforts of... Read More at Coingape.com

The post Elon Musk’s DOGE Shares Plans To Avoid US Recession appeared first on CoinGape.

RELATED TOPICS

plan avoidmusksgdp growthtrump tarifftrumprecessionavoid recessionavoidcriptortariff warscoin gapeelon musksplantariffelondogetreasuryyieldtreasury yieldaccelerating gdpelon muskwars rising

More From Coin Gape

Will 14M SHIB Burned Be Enough to Boost the Shiba Inu Price?

Will 14M SHIB Burned Be Enough to Boost the Shiba Inu Price?

324 days ago

Crypto Tax: Form 1099-DA: What Crypto Investors Need to Know

324 days ago

Trump Dinner: Is TRUMP Coin At Risk After President Broke Federal Law?

Trump Dinner: Is TRUMP Coin At Risk After President Broke Federal Law?

324 days ago

View All Articles

Market Overview

Bitcoin

72,320.682.232%

Ethereum

2,226.061.571%

Binance Coin

605.072.175%

Cardano

0.23941.355%

Ripple

1.33961.132%

Subscribe to Updates

Get the latest cryptocurrency news and insights delivered directly to your inbox.

You May Also Like

Bitcoin vs Gold: Peter Schiff Explains Why Central Banks Choose Yellow Metal over BTC

Bitcoin vs Gold: Peter Schiff Explains Why Central Banks Choose Yellow Metal over BTC

Polygon Co-Founder Mihailo Bjelic Steps Down. What's Next ?

Polygon Co-Founder Mihailo Bjelic Steps Down. What's Next ?

Pi Network Team Announces Two Major Updates Amid Kraken Pi Coin Listing

Pi Network Team Announces Two Major Updates Amid Kraken Pi Coin Listing

'More Than a Co-Founder, You'r e a Brother', Says Polygon's Sandeep Nailwal as Mihailo Bjelic Steps Down

'More Than a Co-Founder, You'r e a Brother', Says Polygon's Sandeep Nailwal as Mihailo Bjelic Steps Down