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Are there markets where people can bet on bankruptcy rates too? Gambling increases bankruptcies, and then people gamble on the bankruptcies.
by wslh 6mo ago
Are there markets where people can bet on bankruptcy rates too? Gambling increases bankruptcies, and then people gamble on the bankruptcies.
- mrbombastic 6mo agoRelevant snl skit: https://youtu.be/wXZNuwY_5-U https://youtu.be/wXZNuwY_5-U
- boringg 6mo agoDouble or nothing!
- silverlyra 6mo agoafter word spreads of easy pickings, funds swell into bankruptcy rate contracts. the success stabilizes average losses across Kalshi portfolios; the bankruptcy rate falls. after smart money then moves to predicting the period of the oscillations, …