Shared by JohnH
Fortunately or not, I don’t have a lot to wager with, but I wouldn’t be too quick to discount Taleb’s advice.
” ‘Every single human being’ should bet US treasury bonds will decline”
— Nassim Taleb (Author of “The Black Swan”) on Feb. 4, 2010
Other one-line stunts in the same interview include “[Fiscal] Deficits are like putting dynamite in the hands of children…They get out of control very quickly.” and “Democracies can’t handle austerity measures very well…We are going to have a severe problem.”