August 21, 2011

HMM: Intrade Now Pricing Greater Than 50% Chance Obama Will Not Be Re-Elected. Plus, speculation that he’ll start a war to boost his popularity. My guess is that, as with the stimulus spending and quantitative easing, we’re past the point of diminishing returns there. Even I have to stop and think to remember all the countries where we’re currently at war, or at least at “kinetic military action.”

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