Becoming Bookie Next Step for Goldman?

Goldman Sachs has just issued a 57-page report of this year’s World Cup tournament, mixing soccer and economics into its global analysis. Such rocket scientists as David Beckham have even contibuted to the analysis. With six of the G7 countries in ranked in the top 20, maybe they’re onto something. In the case of Australia, for example, the report draws parallels between 1974--when the national team last made it to the big time--and today: Both moments were characterized by a booming commodity market and a collapse in manufactured goods. The odds for Australia don’t look too good though: Goldman gives them 125:1 odds to go all the way.
Goldman Runs Rule Over Socceroos [The Age]

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