Black Swans and Ron Paul


 

I am in complete agreement with Taleb here. Ron Paul is the only one talking economic sense in the entire Presidential race. I give Newt some slack because he is the only one that has actually done the seemingly impossible, balanced a Federal Budget. But we don’t need a balanced budget, we need a reduced budget. We don’t need to control the growth of Government, we need to reduce Government. All this Bullshit about contraception is lipstick on a pig. It’s obfuscation to the real and only problem we are facing, fiscal meltdown.

My quibble is not with Taleb, but with this idea that the economic morass is a Black Swan. Black Swans are unpredictable. The mess we are in was/is very predictable.

About these ads
  1. March 14, 2012 at 23:10

    Nice one.

  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

%d bloggers like this: