Thursday, August 11, 2016

Nassim Taleb Warns The Biggest Black Swan Event of All Is Coming

The final crash, the biggest “black swan” ever and subsequent economic depression, surely will be worse than anything that has gone before. Post-crash, expect additional and deeper warfare as those behind these disasters will need to create organized violence to maintain control of society as they did in the early and mid 20th century.
Regularly, others have added their voices to our market warnings. Now it’s Nassim Taleb’s turn. The man who popularized the “black swan” theory, was just interviewed by Yahoo Finance and said, “The markets will ultimately crash again, although this time it will hurt a lot more people.”
I like to use Nassim’s “black swan” analogy when I describe how bad things have gotten.  In the last few years I’ve said that there are so many black swans looming now they are blacking out the sun!
And Nassim has now stated that we will see another crash… but this one will hurt a lot more people.  And we agree.  The next one will make people yearn for the good ol’ days of the 2008 crisis.
http://www.marketoracle.co.uk/Article56183.html

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