Terkan:

I let my students play this lottery simulator from the LA Times.

https://graphics.latimes.com/powerball-simulator/ I had them keep playing with $100 at a time for 5 minutes. Some would win, but they would be even deeper in the hole.

you can select bet your paycheck and put in a custom amount. I told them to play with one MILLION dollars, and go to lunch.

They came back and they all lost absolutely everything.

I let them run it again the next day. Same result.

2 lifetimes of money just… thrown out. Across 15 kids.

I hope they got the lesson. You MIGHT win big, and surely you will win a little sometimes, but you are going to lose. Always.

Its0nlyRocketScience:

That's rule one with gambling: the house always wins. They allow one gambler to win at the expense of others occasionally, but only to give the masses hope, so they keep throwing money at the house.

tjdux

The show futurama has a great line about this.

Mr wong (Amy's dad) owns the Mars casino and when they visit he says something like

"This casino pays out 1 billion every hour, and its usually to us" us being the house.

Guess his vision literally dried up 😉

What a great song! 

I wonder if this started out as some Spanish Ballad or something?

Looks like the UK is in the same predicament:

FYI: SpaceX won FCC approval to provide its Starlink satellite internet service to planes, boats, and trucks in motion.

Yep... it lept upward.... Earth could be doomed....

The Benefits of World Hunger

Shooting suspect disguised himself in women's clothing, planned attack for weeks, police say

This is the future of CBDC's.... adopt at your own risk.

Shameful history of the East India Company:

1. 58% of Americans now living paycheck to paycheck

2. Consumer confidence lowest since 1950

3. Stock market having its worst year since 1970

4. Mortgage demand lowest since 2001

5. Credit card debt up 20% in 1 month

The recession is just getting started.

Both properties are iconic relics of American culture. The first one is a strip mall in Yorkville, Illinois. It was built in 2005 and its 15,000 square feet are perfect for a Maurice’s takeover.

The second listing is a former Domino’s in Philadelphia that is actually listed on Zillow as a townhouse, which, sure! Seems fine! This 2,200-square-foot nightmare of a building is only a 20-minute drive from the center of West Philly.

As economists and politicians debate the prospect of a recession, many Americans are gearing up for the worst-case scenario: losing their job.