Tag: Financial risk
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How Kalshi and Polymarket Prediction Market Traders Make Money
How Prediction Markets Work for Kalshi and Polymarket Traders Prediction markets like Kalshi and Polymarket let participants bet on the outcomes of real-world events. Wagers are settled based on verifiable results, such as political decisions, economic indicators, or scientific milestones. The premise is simple: if you correctly predict an event, you earn a payout from…
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Debt Spiral: How a $250K Loan Escalated to $21M and Cost a Home
Overview of a Startling Debt Case A disturbing financial anomaly is drawing attention from consumer advocates and legal experts: a borrower started with a $250,000 loan from a licensed moneylender and, despite making payments, the total owed ballooned to more than $21 million. Advocates say the case highlights the dangerous arithmetic of exorbitant interest rates,…
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AI Warnings Echo: Bubble Risks and a 2008-like Meltdown
Analyst warns over AI hype and a looming market crash An influential market analyst who correctly called the dot-com bubble is sounding a cautionary note about today’s AI fervor. In a recent interview, he argued that Americans are turning a deaf ear to warnings about overestimated profits, feverish investing in artificial intelligence, and the potential…