This week, gambling losses spiked after gambling losses plunged after the Federal Reserve raised interest rates for the first time in nearly two decades.
The rise of casino-like gaming in Las Vegas, New York and Philadelphia has created a major headache for the federal government and its gambling regulators.
As the gambling industry’s losses mount, some analysts say they might not be a bad thing.
But others are worried about the potential damage that the gambling boom could do to our national security.
In a new book, “Gambling Losing the Game,” economist James Galbraith and former Treasury secretary Robert Reich warn that gambling losses are a huge security risk.
The authors, who also have written a book about the dangers of gambling, say that casinos and other gambling platforms like online poker could help terrorists and other criminals make a lot more money than they otherwise could.
The risk of this happening is clear, they write.
They’re not saying this is going to happen, but we do need to understand the potential.
The most recent data show that the number of people who have gambled in the United States fell by 20% from January 1 to December 31, 2016.
In contrast, the number who gamble in other countries grew by nearly 60%.
There’s no way to know how much money terrorists or other criminals are making, Galbraiths and Reich write.
The economists also note that gambling-related terrorism has become increasingly common over the past few years.
As of August, the U.S. had 1,716 terror-related homicides in 2016.
The number of terrorist-related murders rose to 1,817 in 2017, an increase of 61% from the previous year.
There’s a good chance that we could see more terror- related murders if we continue to have a boom in gambling.
If the current trend continues, the authors say that “the probability of a terrorist incident is much higher in the U, where gambling has a much greater impact on the economy, and much lower in the rest of the world, where the number is much lower.”
“There’s no doubt that the rise in gambling has caused some instability,” Galbraises, a professor at the University of Pennsylvania, told The Associated Press.
“It’s a lot easier to go out and gamble now than it was in the past.”
The authors say it’s hard to predict what the U.”s future will be like without an understanding of the risks involved.
“If the economic impact of such a boom were to reach levels that were beyond imagination, the UK and other developed countries could be plunged into an economic depression. “
Grossly increasing gambling, and in particular the growth in gambling-type gaming, could have a serious, destabilizing effect on the United Kingdom and the rest the world,” they write in the book.
The potential economic impact on world security would be much greater than any we currently see in our current global environment.” “
The costs to the world would be enormous.
The potential economic impact on world security would be much greater than any we currently see in our current global environment.”
Galbraisi and Reich point to a number of other countries that have already experienced economic crises.
They point to France, where about 2 million people lost their jobs in the financial crisis.
The government had to step in to restore stability after the financial crash.
And Australia has been grappling with a severe budget deficit that has forced the government to borrow billions of dollars to finance its pension payments.
“This is a significant economic blow,” Galbriths and Reich said in a recent interview.
“We have to be very careful about how we approach this.
We are seeing a very severe economic blow to our own economy.
We’ve already had an enormous economic downturn, and it’s been hard for us to understand what the long-term impact will be on our economy.”
The federal government also has to weigh the security benefits of the gambling-linked downturn against the costs.
For example, the government says it has a plan to spend more on domestic programs, like food stamps and unemployment benefits, than it would have without the boom.
That includes more money to help people stay in the workforce and to build the infrastructure needed to support the economy.
“That’s an important part of the plan,” Galbisi said.
“But there’s also a lot of uncertainty.”