swan
In this National Transportation Safety Board (NTSB) handout, NTSB Investigator-in-Charge John Lovell … [+] examines the fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX on January 7, 2024 in Portland, Oregon. A door-sized section near the rear of the plane blew off 10 minutes after Alaska Airlines Flight 1282 took off from […]
Black Swan author Nassim Taleb says at this point, it will take a miracle for the US government to avoid falling into a deadly debt spiral. Taleb’s warnings come as another $201 billion was added to the US national debt in just one month. According to new data from the Treasury, the US national debt […]
Black Swan author Nassim Taleb says at this point, it will take a miracle for the US government to avoid falling into a deadly debt spiral. Taleb’s warnings come as another $201 billion was added to the US national debt in just one month. According to new data from the Treasury, the US national debt […]
We humans, as author, mathematician and former options trader Nassim Nicholas Taleb observes, “lack imagination to the point of not even knowing what tomorrow’s important things will look like.” That is unless we’re talking about Asia’s view of the battle underway on Capitol Hill over the US deficit. Taleb, famous for his 2007 bestseller “The […]
It’s been dubbed the “most predictable crisis” facing the U.S. economy, but an expert has warned it will take a “miracle” to save America from its national debt problem. Nassim Nicholas Taleb, the author of best-selling book The Black Swan, correctly predicted the 2008 financial crash but said “gloomy” times ahead for the U.S. economy […]
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, […]
Nassim Nicholas Taleb is famous for writing The Black Swan, but these days he’s warning of a white swan, a risk that rather than being rare is somewhat more probable—and in this case coming for America’s economy. Like an increasing number of economic observers, Taleb says the cause of this calamity-in-plain-sight is the federal budget […]
Angle down icon An icon in the shape of an angle pointing down. Nassim Taleb. Mohd Zakir/Getty Images The US is headed for a debt “death spiral” if politicians don’t rein in spending, Nassim Taleb said. “The Black Swan” author said debt troubles will continue if Congress can’t “A debt spiral is like a death […]
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. “So long as you have Congress keep extending the debt limit and doing deals because they’re afraid of the consequences of doing the right thing, that’s the political structure of […]
(Kitco News) – With the U.S. presidential election slated to be one of the most significant events of 2024, the risk of a black swan event derailing it is high, warned investor and entrepreneur Gary Cardone. Cardone believes that one of the top risks this year is a major cyber attack that may impact U.S. […]