Elon Musk proves the absolute power of the markets – New Statesman

The Tesla billionaire helped Donald Trump secure his victory – and, by extension, so did we all.
Who gave Elon Musk the money to assume political power in America? What backers handed him this position? The answer can be found not in the secret files of conspirators, but in the most prosaic of places, such as the asset allocations of British pensions.
This is a story about investment, and the supreme power of financial markets in the modern world. The roughly £3trn held in British pension […]
Elon Musk proves the absolute power of the markets – New Statesman