Pentagon cancels Terror Stock Market
Following up an earlier post, the Defense Department has cancelled plans to set up the Policy Analysis Market. In a SkyNews article, US defence chiefs said they had hoped the market would have been a valuable tool in second guessing when terror strikes would occur.
But critics dismissed the move as "unbelievably stupid", "ridiculous" and "grotesque".
The good news is that things that are unbelievably stupid, ridiculous and grotesque are our stock in trade. Stay tuned as the Ministry will attempt to create its very own Terror Stock Market. Hopefully, we will have a broader coverage than the aborted PAM. Stay tuned for further updates.
If you have ideas for items that might be possible futures contracts (ie, with clearly defined, yes/no outcomes) send email to perfidy at perfidy dot biz. Likewise with suggestions on how this might be accomplished, and links to relevant articles, material and so on.
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