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House rules for the global casino

What is a CDS event?

 
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Did you know that there are some states in the US where gambling laws had to be amended to permit Wall Street to play its various games because there are recognized for what they are: gambling.

These are bets, not financial operations. Financial operations have a fixed, limited scope based in reality. Gambling has no such limit.

There's no faster way for an individual - or a country - to ruin itself than through gambling. A lifetime of earnings...multiple generations of earnings...can be wiped out in a day.

Add credit to gambling (bet $100 with only $1 or less in your wallet) and the certainly of eventual ruination is close to 100%.




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