It is difficult to see the simple reality through loads of haziness. We ask experts why we are going down, and they are looking to find a complicated answer for a simple fact. It is quite astonishing that we spend time and money to research the cause of the economic crisis. It is a long time that we built a massive casino at the core of our economy and gave it a fancy and misleading name "market". The concept of making money and creating wealth has rooted in productivity and value-added service, not gambling. If the ball does not go to your selected number, your contract becomes liquidated, and you lose the money.ĭoes it sound familiar? Don't you see the same happening in the derivative, Forex and other markets all over the world? The casinos built on the notion of taking money or better say it is a place that allows the money flows from loser to winner not making money. For example, When you bet on the Roulette table on a number, in reality, you buy a futures contract with a condition. It pays you 36 times more if the ball in the next roll of Roulette hit your chosen number. A casino is a place, or better say is a marketplace for betting on the probabilities via a series of a variety of games. It is better to explain a casino business for better understanding. You may wonder about the fact that the stock market in the core of our economic model is a casino with a different name.
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