The discussion on whether President Biden will resign before the next election is highly divided. Some commenters speculate that pressure might mount for Biden to resign to avoid negative effects on his legacy, or to pave the way for Kamala Harris to become the first female president. However, others argue that there's little incentive for Biden to resign, as it could damage his legacy and complicate Harris' campaign. Joe Biden's recent announcement confirming he will not seek reelection has added more fuel to the debate, leading traders to bet on both sides of the resignation question. The comments also highlighted different interpretations of the market's resolution rules, specifically regarding how Biden’s potential resignation should be treated.
- Biden's Resignation Speculation: Predictions about Biden resigning are largely driven by strategic factors, such as handing Kamala Harris the presidency to strengthen her position or to protect Biden’s legacy.
- Resolution Rules Controversy: There is notable debate surrounding the interpretation of the market's rules, especially regarding whether Biden's announcement alone would trigger a "Yes" resolution, even if he does not formally resign.