The gamblification of everything is just another stepping stone on the path to the financialization of everything. Many of our best and brightest dedicate their lives to “financial innovation”. It’s sad.

The US will be the last casino he'll bankcrupt.

Gamblification is everywhere, not just in US. Eastern Europe is cooked in this regard. LATAM the same probably.

Still a good chance that something will happen in these four years that makes the gambling crisis look completely trivial. I suppose I should bet on that, or would it be in poor taste?

Many, many years ago the libertarians had something they called "assassination politics", in which it was pointed out that the ability to bet on the death of famous figures also created an "untraceable" way to funnel money to someone who could make that event happen.

Isn't this just the result of unregulated capitalism?

Gambling isn't the problem (it can be regulated and safety measures can be put in place). It's the corruption that goes alongside betting on outcomes that can be easily manipulated with no common-sense oversight keeping the market fair.

The Nobel Peace Prize bet was a classic example. Any right-minded bookmaker would have voided that bet given that it was proven that the outcome had leaked ahead of time. Venezuela betting markets were equally corrupted.

The fish rots from the head what with Trump blatantly manipulating markets to enrich himself, his family and anyone who curries favour with him and says he's wonderful.

I personally will not set foot in the US, or buy services from any US company, until this administration is over.

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