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Your Stake In The Biggest Economic Bet In US History

Tyler Durden
Oct 8, 2026 at 20:20
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Your Stake In The Biggest Economic Bet In US History

Your Stake In The Biggest Economic Bet In US History Authored by Peter Reagan via Birch Gold Group, Americans love a good story about somebody betting on himself. One of my favorites involves FedEx founder Fred Smith. Back when Federal Express was still struggling to get off the ground, the company reportedly found itself with just $5,000 in the bank - not enough to cover a roughly $24,000 fuel bill. Smith had already been turned down for additional funding. So instead of flying home, he went to Las Vegas. And gambled the company's last $5,000 playing blackjack. That sentence makes me cringe every time I read it. Fortunately for Smith, he came back with $27,000. It wasn't enough to solve FedEx's problems, but it bought...

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