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A White Swan Death Spiral — The Black Swan Author Nassim Taleb Warns US Faces 2008 Like Crash

Black Swan author Nassim Taleb, who correctly called the 2008 financial crisis, says the U S is in a death spiral over government debt

A White Swan Death Spiral — The Black Swan Author Nassim Taleb Warns US Faces 2008 Like Crash

Regardless of the color, Nassim Taleb is calling a swan a swan. Taleb, perhaps best known for his 2007 book "The Black Swan," is renewing his public concern about the state of the economy. A black swan is defined by Oxford Languages as "an unpredictable or unforeseen event." Taleb defined the concept a bit further, saying a black swan has three properties. To qualify, the event needs to 1) be an outlier, 2) produce extreme impact and 3) even though it's an outlier, explanations after the event o

Nassim Taleb warns rising US debt could turn into death spiral

Nassim Taleb warns rising US debt could turn into death spiral
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Nassim Taleb Says US Faces a Death Spiral of Swelling Debt

(Bloomberg) Black Swan author Nassim Nicholas Taleb said the US deficit is swelling to a point that it would take a miracle to reverse the damage. Most Read from BloombergMusk Says First Neuralink Patient Received Implant in BrainTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetBlackstone Is Building a $25 Billion Empire of Power-Hungry Data CentersTrump Cash Stockpile at Risk From $450 Million Dual VerdictsUPS to Cut 12,000 Jobs, Bring Workers in Five Days a Week“So long as you

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