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Niall Ferguson: The Next Global Disaster Is Already on Its Way

14 pointsby j1vmsabout 4 years ago

4 comments

renjimenabout 4 years ago
&gt; First, we should stop trying to predict or even attach probabilities to disasters. From earthquakes to wars to financial crises, the major disruptions in history have been characterized by random or power-law distributions. They belong in the domain of uncertainty, not risk. It is better to admit that than to delude ourselves with unattainable and probably misleading precision.<p>This paragraphs sums up this article for me. Lots of incoherent finger pointing. &quot;We should do better but let&#x27;s not delude ourselves that we can&quot;. In the one paragraph above he prescribes a model for occurence while telling us it&#x27;s pointless.<p>This was the main part I found interesting:<p>&gt; Not coincidentally, the places that did best in 2020 included three — Taiwan, South Korea and (despite a serious summer setback) Israel — that face multiple threats, including existential threats from neighbors.<p>So preparedness is a societal mindset. How frequently does a country need to be threatened to maintain this? How long does this mindset last after a threat? How much does preparedness cost a society? I&#x27;d have liked him to talk more about these kinds of things.
aphextronabout 4 years ago
I&#x27;ve always wondered this since COVID hit. Why has this not happened more frequently? If it were a natural event, why are we not constantly being bombarded with these things? And what happens when we get 3, 4, 5 different ones at once?<p>I&#x27;m no conspiracy theorist. But Occam&#x27;s Razor leans heavily to the side of COVID being a man made catastrophe when you think about that.
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okareamanabout 4 years ago
He basically lets the Trump administration off the hook but blames public health bureaucracy of California - typical of what I&#x27;ve come to expect from Niall Ferguson, a partisan hack at this point.
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frankbreetzabout 4 years ago
&gt;&gt;Though its president, Martin Vizcarra, was also impeached (twice) last year, he cannot really be described as a populist.<p>&gt;&gt;The line of least intellectual resistance has been to blame populist leaders such as U.S. President Donald Trump.<p>How does this make sense?
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