The End of Las Vegas
Tuesday, September 22, 2009 at 4:09PM Stuart Wilde
When I was in Las Vegas at the Labor Day weekend I was surprised to see the casino so empty. There were people around in the MGM Grand on Saturday night as there was a Def Leppard concert but once that show tipped out by 3 am the place seemed deserted once more.
We know Las Vegas falls as we have seen that in the Aluna many times, I used to think the Hoover dam will burst, it provides the power for LV. I wrote about that four or five years ago.
I’m fairly sure an earthquake hits the Echo Bay Road, which is twenty or so miles from the dam.
If you are a sophisticated investor and you trade CFDs a short on the LV casinos must be a good play as trade is bad and the economy is never going to recover and if the earthquake happens you’ll hit the jackpot. (sw)
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