Shared by JohnH

HatTip to Dave Lull

Nassim Nicholas Taleb, author of
the best-selling book “The Black Swan,” said he’s more
concerned about prospects for the U.S. than Europe because the
country lacks awareness of its fiscal woes.

“The difference between Europe and the U.S. is the
consciousness of the problem,” Taleb, a New York University
professor, said today at a news conference in Tokyo organized by
Bank of America Corp. “There’s no consciousness in the U.S.”
about the fiscal deficit, he said.