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Search resuls for: "Nassim Nicholas Taleb"


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He criticizes the US for high debt and low growth, leading a fragile financial system. He highlighted the four categories of debt-based countries: those with low growth and high or low debt, and those with high growth and high or low debt. The US is in the category of low growth and high debt. However, if a country accumulates high debt, then continued growth is required to absorb it, he noted. At present, Taleb doesn't believe that the ballooning debt could be solved politically or by increased demand for US bonds.
Persons: Nassim Taleb, , Nassim Nicholas Taleb, Scott Patterson, Patterson, Taleb, It's, Brandon Yarckin, isn't, Mark Spitznagel Organizations: Service, Universa Investments, Bank Locations: Russia, US
Black swans and grey Swans refer to events that profoundly impact markets and economies due to their unpredictability and importantly potential for substantial disruption. Generally, black swans are rare and lie outside regular expectations, but they have a significant impact when they occur. Their rarity is what makes them unique and their impact, when they do occur, is significant. The 2008 "Great Financial Crisis", sometimes abbreviated as "The GFC", the 9/11 terrorist attacks, and the COVID-19 pandemic have been described by some as "black swans". Still, there are ways to maintain some upside exposure without taking all the downside risk other than hedging.
Persons: Donald Trump, Trump, Nassim Nicholas Taleb, Biden Organizations: Sunday, CNBC, NBC UNIVERSAL
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMiddle East's impact on markets is unpredictable, says 'The Black Swan' author Nassim Nicholas TalebNassim Nicholas Taleb, author of "The Black Swan" and distinguished scientific advisor at Universa Investments, joins CNBC's 'The Exchange' to discuss geopolitical risk to investment, outlooks on stocks vs. bonds, and more.
Persons: Swan, Nassim Nicholas Taleb Nassim Nicholas Taleb Organizations: Universa Investments
The great majority of our almost 4 million federal employees would be furloughed without pay. But strikingly, one group of federal employees would not stop receiving their paychecks: members of Congress. Article I, Section 6 of the Constitution requires that members of Congress be paid while in office. What would it mean if those members of Congress who forced a shutdown of the government faced the same economic consequences as the average AFGE employee? The division between making the plan and living the plan is not inevitable or universal.
Persons: Rob Rosenthal, John E, Andrus, ” Everett Kelley, AFGE, , Nassim Nicholas Taleb, Volodymyr Zelensky, Pell, aren’t Organizations: Wesleyan University, CNN, Transportation Security Administration, TSA, Federal Drug Administration, Occupational Health, Safety Administration, Environmental, Agency, Parks, SNAP, WIC, American Federation of Government Employees, Pew Research Center Locations: Russian, Ukraine, Kyiv, America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with 'The Black Swan' author Nassim Nicholas TalebNassim Nicholas Taleb, Universa Investments scientific advisor and author of ‘The Black Swan’, joins 'Squawk Box' to discuss the markets and economy, why a bubble is looming, the state of cryptocurrency, and more.
Persons: Swan, Nassim Nicholas Taleb Nassim Nicholas Taleb, Locations: cryptocurrency
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'The Black Swan' author Nassim Nicholas Taleb on crypto: A cult coupled with a financial instrumentNassim Nicholas Taleb, Universa Investments scientific advisor and author of ‘The Black Swan’, joins 'Squawk Box' to discuss the markets and economy, why a bubble is looming, the state of cryptocurrency, and more.
Persons: Swan, Nassim Nicholas Taleb, Nicholas Taleb, Locations: cryptocurrency
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'The Black Swan' author Nassim Nicholas Taleb on looming crisis: The risk is in front of usNassim Nicholas Taleb, Universa Investments scientific advisor and author of ‘The Black Swan’, joins 'Squawk Box' to discuss the markets and economy, why a bubble is looming, the state of cryptocurrency, and more.
Persons: Swan, Nassim Nicholas Taleb, Locations: cryptocurrency
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Chaos Kings': How Wall Street traders made billions on catastrophesScott Patterson, ‘Chaos King’ author, and 'Black Swan' author Nassim Nicholas Taleb break down how Wall Street traders made billions by making big bets around major catastrophes.
Persons: Scott Patterson, , Swan, Nassim Nicholas Taleb
Debt crisis is a scary white swan for US economy
  + stars: | 2023-04-25 | by ( Ben Winck | ) www.reuters.com   time to read: +8 min
If Democrats and Republicans can’t agree to lift the government’s borrowing limit, the country could suffer an unprecedented and catastrophic default on its debt. The standoff over the debt ceiling is a white swan, or an entirely predictable, very frequent event that has the potential to be as catastrophic as its darker sibling. That is why, in all past scuffles over government borrowing, Congress ended up raising or suspending the debt ceiling. Uncertainty over the timing of the agreement led to the most volatile week for financial markets since the 2008 financial crisis. Failure to lift the debt ceiling soon can spark a vicious cycle of market anxiety, rising borrowing costs and bank stress.
Seemingly overnight, episodes of Fridman's podcast began racking up millions of views. YouTube/Lex FridmanIn his podcast, Fridman asks world-renowned scientists, historians, artists, and engineers a series of wide-eyed questions ("Who is God? But recently, "The Lex Fridman Podcast" has become a haven for a growing — and powerful — sector looking to dismantle years of "wokeness" and cancel culture. Twitter"The Lex Fridman Podcast" offered a rare opportunity to listen to four-hour conversations with luminaries of tech and science. Bhaskar Sunkara, the founder and publisher of the socialist magazine Jacobin who appeared on Fridman's podcast in December, praised Fridman's interviewing style.
No risk, no reward. While Mark Spitznagel wouldn’t disagree, a letter from the star hedge-fund manager seen by The Wall Street Journal has some striking insights on both fronts. A protégé of “Black Swan” author Nassim Nicholas Taleb noted on the occasion of his fund’s 15-year anniversary that using it to hedge a standard stock portfolio would have enhanced long-run returns through its bets on extremely bearish events.
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