A 37-year-old economist who says he bet more than $300k against DOGE on Kalshi explains himself

Alan Cole, a senior economist at the Tax Foundation, says he bet $342,195.63 on the success of DOGE.

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• Alan Cole, a 37-year-old economist in DC, said he bet his life savings against DOGE.
• He said he wagered roughly $342,200 and won $470,300 — a roughly 37% return.
• He explained his rationale in a post on X on Thursday.

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