Betting on systemic collapse of society has a challenge at the winnings collection point.
"Here's your trillion dollars. Go buy a slice of bread. Ooops… half slice. Well, quarter."
Betting on systemic collapse of society has a challenge at the winnings collection point.
"Here's your trillion dollars. Go buy a slice of bread. Ooops… half slice. Well, quarter."
huh? he can just short the companies he's so concerned about
What good is that if the entire socioeconomic system collapses?
by shorting he can make money and give it back?
Yeah, except the money you made is now worthless.
https://en.wikipedia.org/wiki/Zimbabwean_one_hundred_trillio...
That’s not what would happen if he shorts it. It would be like 2008 recession where people did make money.
In fact shorting is the moral thing to do now because it nudges towards bankruptcy faster