The good folks at NASA/JPL have just done an interview of astronomer Don Yeomans, in which he explains why the world won't be ending on December 21st, 2012 as many people believe. His arguments are obviously scientifically accurate and totally sensible yet I'd like to add the following one: if the world were ending this year the stock market would've already discounted it... or perhaps I'm totally wrong and Wall Street types do happen to think that the end of the world is a good thing. Now how would one short the entire world? I'm surprised I haven't yet heard of at least one clever trader selling End of the World Swaps (EWS's) and of hordes of gullible idiots buying them in droves...
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