Shared by JohnH

Thanks Dave

Nassim Taleb, author of “The Black
Swan,” said the “first thing” investors should avoid is U.S.
Treasuries and the second is the dollar.

Taleb, a principal at Universa Investments LP whose 2007
bestselling book argued that history is littered with rare
events that can’t be predicted by trends, also said he would
rather hold euros than dollars, even as the region’s sovereign-
debt crisis persists. “Euros have Germany, the dollar has
nothing,” he said at a conference in Moscow.

Taleb made similar comments at the same forum last year,
saying “every single human being” should bet Treasuries will
decline because of the policies of Federal Reserve Chairman Ben Bernanke and President Barack Obama. Bernanke has pledged to
inject dollars into the U.S. financial system and cut borrowing
costs by buying $2.3 trillion of Treasuries and other assets, a
tactic known as quantitative easing.

“As skeptical as I am about Europe, I prefer it by far to
the United States,” said Taleb at the conference, hosted by
Troika Dialog, Russia’s oldest investment bank.

Shared by JohnH

HatTip to Dave Lull

Nassim Taleb, author of “Black Swan,” said ballooning debt in the U.S. and the risk of asset bubbles in China make the Russian economy look comforting by comparison.

“When I look at the future, I feel comforted by a country like Russia,” Taleb said today in Moscow at a conference organized by Trioka Dialog. He said he feels “a little nervous about China, and very nervous about the United States.”

Russia has “resilience” after going through “several crises over the past hundred years,” whereas the U.S. “can’t sustain shocks,” said Taleb, whose 2007 best-seller argued that most people underestimate the frequency of rare events that have a major effect on markets.

Why mathematical “intelligence” may blow up the planet…

http://en.wikipedia.org/wiki/Weak_central_coherence_theory

Weak central coherence theory – Wikipedia, the free encyclopedia
en.wikipedia.org
The weak central coherence theory (WCC), also called the central coherence theory (CC), suggests that a specific perceptual-cognitive style, loosely described as a limited ability to understand context or to “see the big picture”, underlies the central disturbance in autism and related autism spectr