Porn. The new financial bubble?

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Hedge fund invests in porn-related businesses, claims 50% gain last year.

Whole new categories of financial derivatives are, no doubt, about to be launched to take advantage of this apparently burgeoning porn market, which might give whole new meaning to the term “naked shorts.”

But heck, why stop there? How about a futures market on Afghan heroin production or selling credit default swaps against attacks by Somali pirates? Truly, the possibilities are endless.