Nassim Nicholas Taleb on Debt and Robust Systems

Jul 13th, 2010 Filed under Links

Nassim Nicholas Taleb has a nice article at the NewStatesman.

Debt implies a strong statement about the future, and a high degree of reliance on forecasts. … debt is dangerous if you are overconfident about the future and are Black Swan-blind – which we all tend to be.

Read it here.

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