Welcome in to The Howard Lindzon Show with Michele Steele — where culture meets technology meets money… and the Degenerate Economy Index is the map. Howard breaks down the “degenerate economy” as a lighthearted lens on a hard topic: the tidal wave of speculation, prediction markets, and modern “betting UI” colliding with investing in real time. We dig into Invest America’s $250-per-kid momentum, Nasdaq’s push toward a 23-hour trading day (bad degeneracy? inevitable progress?), and Kalshi “combos” that feel like parlays for people in Patagonia vests. Then it’s a deep dive on Robinhood: from scrappy trading app to something closer to an American “super app,” now leaning into event contracts, prediction markets, and the decentralization of information and expertise — with all the power (and volatility) that comes with it. We wrap with community buzz: Paramount, Netflix, and Warner assets trending, the drama of bids and personalities, and why the ultimate battle might not be “streamer vs streamer”… it’s attention. Drop your take in the comments: Are prediction markets the future layer of finance and media — or just the next chapter of the 24/7 casino?
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