Its going to set off a financial chain reaction of unpayable debt thats bigger than Barron.
There was so much money placed on Trump, and most of the bets being taken were immediately back-betted with other agencies offering marginally better odds. (who in turn were back betting their bets ... etc etc) ... who in turn were converting bet liabilities into collateral, and bundling them into AAA securities.
Goes all the way up - think MGM, Deutsche Bank, Wirecard, Disney, Goldmann Sachs, Chinese Govt, etc.
Nobody is going to be able to collect when Trump wins.
THIS
Its going to set off a financial chain reaction of unpayable debt thats bigger than Barron.
There was so much money placed on Trump, and most of the bets being taken were immediately back-betted with other agencies offering marginally better odds. (who in turn were back betting their bets ... etc etc) ... who in turn were converting bet liabilities into collateral, and bundling them into AAA securities.
Goes all the way up - think MGM, Deutsche Bank, Wirecard, Disney, Goldmann Sachs, Chinese Govt, etc.
Nobody is going to be able to collect when Trump wins.