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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' streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
(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 ....