$160M Bet on Zelensky’s NATO Suit: Polymarket’s Absurd Political Gambling Frenzy
Polymarket just turned presidential fashion into a high-stakes casino—and traders are dumping $160M into predicting whether Zelensky wore a suit to NATO. Because nothing screams 'efficient markets' like wagering on wardrobe choices while inflation burns your cash.
Welcome to prediction markets, where geopolitics gets reduced to binary bets and hedge funds pretend this counts as 'research.' The suit in question? Probably cost less than the gas fees to place this idiotic wager.
Meanwhile in traditional finance: pension funds are still 'diversifying' into commercial real estate. At least crypto degens admit they're gambling.