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 […]
Black swan turns white on US debt default probability
Author of ‘The Black Swan: The Impact of the Highly Improbable’ isn’t alone in warning of a coming US debt spiral