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Nassim Nicholas Taleb - What is a "Black Swan?"
Both Nassim Nicholas Taleb and Nouriel Roubini correctly predicted the market was built on sand and would eventually collapse; but neither one of them got right precisely when it would happen (they both thought in 2003). Predicting exactly when or why is not the issue. The issue is the poor choice of fiscal policy.
Steve Keen predicted the exponent…
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