Depression contract

Intrade has launched a US depression contract (ht Institutional economics).

This depression is defined as:

a cumulative decline in GDP of more than 10.0% over four consecutive quarters

Do you think NZ’s very own iPredict would like to make up a similar contract for NZ?

  • Have no fear of perfection–you’ll never reach it.SalvadorDal%EDSalvador Dal?, 1904-1989, Diary of a Genius