Taleb on the beeb. Worth a look, if only to get depressed. But with the Nasdaq up like 10% in 2 days on the news that the next administration will have a Treasury Secretary (yeah!) and possibly we could have a fiscal stimulus package, we can probably withstand a bit of pessimism (more on this later, I hope). He’s probably just getting carried away.
2 totally extranous observations: first, I love the sheepish raising of the hand by Harvard’s Ken Rogoff when Taleb lays into “tie wearing economists” at grand institutions. Second, what is that strange slapping noise Taleb seems to be making with his hands? You can tell he totally ignored any advice on how to look and act normal on TV, which strangely makes him more effective.
(HT – can’t quite remember, but thanks anyway)