Deep Read: Nassim Taleb (The Black Swan Guy)
Nassim Taleb : "Forecasts do not work , a cab driver can forecast better" "there is a black swan effect" "debt needs a more precise forecasting" "you do not cure a Ponzi scheme with another Ponzi scheme"
What’s worse, the period in which he has to suffer withdrawl pains, or giving him more cocaine, or heroin or whatever he’s addicted to? ...
The governments should know that what matters for us is cure the problem, not postpone it. We've postponed the problem for two years. ...
It's like Madoff. ... Had we propped up Madoff, nobody would have suffered ... You suffer on the day when Madoff collapses.
