Nassim Taleb Interview
Interview with Nassim TalebBelow is a video overview on Nassim Taleb and his idea of the Black Swan. Taleb says that our world is too complicated for our current economic structure. He believes we are over-optimized and that large banks bring risk to the system. He points out to an example that one small sign of a shortage of oil could raise the price per barrel by over $25. Taleb believes that there are so many variables in play that nobody can predict what a small change is going to do to banks around the world. Small changes can create huge changes within the markets. If you are viewing this video via email please click here now to watch the video interview now.
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Link to This Resource: Nassim Taleb Interview on the Economy | Black Swanhttp://richard-wilson.blogspot.com/2009/01/nassim-taleb-interview-on-economy-black.html