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Musk claims Social Security database lists improbable ages

Elon Musk claims millions listed as over 100 in Social Security database raises questions about potential fraud and inefficiencies.

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Elon Musk claims millions listed as over 100 in Social Security database raises questions about potential fraud and inefficiencies.

In Short

Elon Musk questions the accuracy of the Social Security database, alleging millions are wrongly recorded as over 100 years old. He highlights inconsistencies and suggests the system may be the largest fraud in history while Democrats protest outside the agency.

In a recent post on X, Musk highlighted that the database includes individuals with ages listed as high as 360. He shared a chart illustrating that over 20 million entries are for those aged 100 and above, despite the U.S. Census Bureau reporting just over 80,000 individuals in this age group based on the 2020 census.

Democratic lawmakers recently protested outside the Social Security Administration, expressing concerns over potential spending investigations involving DOGE. Musk’s comments on the age discrepancies have added to the controversy, as he jokingly suggested the existence of vampires collecting benefits.

Musk also noted significant inconsistencies in payment files between the Social Security Administration and the Treasury, characterising the system as chaotic and difficult to understand. He emphasised that there appear to be more eligible Social Security numbers than there are US citizens, calling it potentially the largest fraud in history.

These remarks come as President Donald Trump has appointed Musk to lead the Department of Government Efficiency, aimed at identifying waste and fraud within federal agencies.

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Wall Street wobbles as RBA and Tesla face tests

Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.

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Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.


Global markets are jittery amid a Wall Street sell-off, renewed inflation pressure in Australia, and high-stakes decisions on U.S. tariffs and Elon Musk’s Tesla pay deal.

Capital.com’s Kyle Rodda breaks down the risks and reactions shaping the week ahead.

#Markets #WallStreet #RBA #Tesla #ElonMusk #Inflation #Trade #Finance #Economy #CapitalCom


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Bitcoin crash shakes global markets

Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.

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Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.


Bitcoin’s slide below $100,000 has sent shockwaves through global markets, with $45 billion in long-term holdings sold and risk assets tumbling.

David Scutt from StoneX breaks down what’s driving the sell-off — and where markets go next.

#Bitcoin #CryptoCrash #Markets #RiskAssets #CryptoNews #FedPolicy


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Putin and Xi tighten alliance amid Western pressure

Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.

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Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.


Russia and China have deepened their strategic partnership, signing a new investment protection deal and expanding cooperation across energy and technology.

The move comes as U.S. sanctions on Moscow intensify.

#Russia #China #Putin #XiJinping #Trade #Sanctions #Geopolitics #Energy #Diplomacy #WorldNews


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