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The Coronavirus and a Deflationary Crisis

13 pointsby dnprockabout 5 years ago

1 comment

elipseyabout 5 years ago
&quot;Nobody could have imagined the Coronavirus crisis. But the scope and damage are enormous. The Black Swan event is here. Nassim Taleb calls it a White Swan, an expected pandemic that will eventually happen. You can buy his book to learn this distinction.&quot;<p>I&#x27;m confused by this comment. If Phuoc Do, the author of this blog post, disagrees with Taleb about what a &quot;Black Swan&quot; event is, what does he think it means instead, and why is he citing Taleb?
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