I really hate the bets. If there’s something that makes me more enraged on the face of the Earth, it’s the bets, for all the harm they produce to families. (including we were one of the first to make a video against the bets more than 3 years ago) But there is one point: this government has spent the last four years supporting and encouraging the bets. They had the bets as their main ally for a long time. And now, for purely electoral reasons, without apparently making a true and long-term decision, they resolved to prohibit the bets with a stroke of the pen. What does this mean in practice? As much as I don’t like the bets, it means great legal instability in the country. This has happened in the past: a government encourages borrowing and the purchase of small credits when interest rates are lower. Then, they say these were risky operations. This happens every now and then: they encourage something and then legally prohibit it when it’s not electorally convenient. It’s the use of the Judiciary for politics. And if we do an economic analysis of the legal institutions, what do we find? Legal instability and lack of credibility, which drives away investors because they cannot trust even the minimal legal basis of how the rules work. But at least they banned the bets, right? I don’t know, after the election it might change again. (translated)