Nassim Taleb: "The Real Financial Crisis Might Not Even Have Started Yet" (VIDEO)

Aug 26, 2010 at 6:12 PM
DailyBail in bailouts, banking, black swan, nassim taleb, nassim taleb, risk, video

Video:  Taleb & Ken Rogoff -- June 2010

Strange clip.  Rogoff is there but his responses are cut.  Watch the first 2 minutes then skip to the 6-minute mark.

• "The crisis might not have even started yet.  I hope I'm wrong."

• "Apocalypse now.  Huge risk taken by economists based on made-up economic theory. The banking system is building risks on things we do not understand.  PHD's cannot predict the future."

 

 

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