Monday, 17 May 2010

Coalition stability

MacDoctor notes the New Zealand press hyperventilating about threats to the stability of National's coalition agreement with the Maori Party. He's right. How can we know? The contract at iPredict is only trading at 10 cents. The price rose from about $0.08 to about $0.10 with the current kerfuffle, but it seems to be much ado about nothing. I'd love to see Kiwi journalists having to take a position on iPredict corresponding to their predictions: it would be the equivalent of their having to breathe into a brown paper bag a few times before submitting their copy.

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