BETTING ON TERRORISM: “The Pentagon
BETTING ON TERRORISM: “The Pentagon is setting up a commodity-style market to use real investors — putting down real money — to help its generals predict terrorist attacks, coups d’etat and other turmoil in the Middle East.”
Brilliant. Soon, rich people will be betting millions that a terrorist act will occur within x days. Luckily, human nature provides no incentive for those making such bets to help them come true. If, however, humans were driven by a lust for money — well, then we’d all be in deep s**t.
