American Civics Exchange
Feelings of déjà vu from the spring of 2020 for political forecasters and gamblers stems not from another contentious election, hopeless gridlock in D.C., or even the same presumptive nominees, but from Donald Trump and Joe Biden, again, both trading below 50% on prediction markets like PredictIt. Four years ago neither Trump nor Biden were […]
Presidential Prediction Market Déjà vu Read More »
In January 2023, debt accrued by the United States government reached its statutory limit, forcing the U.S. Treasury began taking “extraordinary measures” on January 19th. This “debt limit” is the “total amount of money that the United States government is authorized to borrow to meet its existing legal obligations, including Social Security and Medicare benefits,
Prediction markets forecast a debt ceiling increase in 2023, but probably not soon Read More »
