“Gambling Disease kills One Australian a day, But it’s too lucrative to cure” – Bloomberg
Australians lose most money to gambling per capita each year…$761. Followed by Hong Kong ($570), Finland ($360), Italy ($325) & Canada ($325).
& & &
Australia has never seen a recession in the last 25 years.
Well, data scientists might explore at Co- relating, “Per Capita of Gambling” to “# of recessions in a decade” ?
Bottom line, Gambling has got nothing to do with an Australian Recession, but it fills $ 4.4 Billion as Government Revenue ?
Gambling in Machines = Speculating in Stock markets
Both behaviors trigger the same neural wires in our brain. It might be for just one shot in the slot machine or continuous slots (buy, sell, buy, sell etc…) in the stock market. Both are the same.
Avoid, Speculative Gambling
Indulge in, Peaceful Investing