This story has to be one of the weirdest pieces of nonsense I’ve come across in a while, and it’s from the BBC, and it would appear to be true!
The Pentagon has started a futures index in terrorism activity. Apparently (and I quote) “Research indicates that markets are extremely efficient, effective and timely aggregators of dispersed and even hidden information,” it said in a statement.…
To quote Doug:
No it doesn’t. Research indicates that markets haven’t got a fucking clue. Imagine if we had a “terrorism bubble”. Ye gods.