ilmscore | Prediction Details
By Minority Mindset | May 9, 2025 | Correct
Interpreted Prediction
Predicted that most people who use debt to start or buy a business without proper knowledge will end up losing.
AI Evaluation Notes
Evidence suggests that a significant percentage of new businesses fail, often due to a lack of knowledge, planning, or financial literacy. Taking on debt to start or buy a business without proper understanding significantly increases the risk of financial strain and failure, aligning with the prediction that most people in this situation will 'end up losing'.

Prediction Details

Target
Most people using debt for business without knowledge will lose
Predicted date
Whenever undertaken

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