Economic Collapse Betting- Profit Off Stock Market Drop!

October 10, 2008 - A.J Ryder Are you looking to make cash from chaos? If you fancy yourself an armchair economist, then you should mosey on over to Paddy Power and check out the odds on their latest betting event- the impending worldwide economic collapse! With global markets in turmoil thanks largely to the toxic debt market in the United States and the ongoing commercial paper crisis, international stock markets are dropping like pants in a discount brothel.

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The Irish bookmaker is backing the Eurozone (evens) to out-do American (11/10) economic hegemony and there's a few more variables thrown in for good measure. Do you think this is China's year? Well, you're looking at odds of 5-2 for China to assume the title of world's largest gross domestic product through 2009. On January 1, 2010 if Russia boasts the world's biggest GDP then you'll be making out with a cool 16-1! All that oil and vodka have to count for something.

Other contenders include natural-resource rich Canada at a whopping 25-1 and outsourcing powerhouse India at 20-1. Any other country (Brazil, anyone?) is listed at 100-1. Turn market turmoil into a cool payday for you with only a 14 month turnaround time. Let's just hope you still have a bank to deposit your money into….

Recommendations:

Back China at 5-2
Back India at 20-1