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Taleb on the next black swan

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    wit
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    I watched the election and something wrong is going on.

    Only one candidate, Ron Paul, seems to have grasped the issues and is offering the right remedies for the central problems we’re facing.

    I’m not involved in politics, I’m a risk based person. But from my risk-based vantage point I think only one candidate represents the right policies when it comes to the big four, and that candidate is Ron Paul.

    What are the big four?

    The first one is deficits of course – governments and self-feeding bureaucracies.

    The second one is the Fed – he’s going after the Fed. He’s the only one with the guts to do that.

    The third one is militarism – I like defense but not defense when it becomes self-feeding again.

    And the fourth one is the central notion that America is about resilience – and you don’t achieve that through bailouts
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    http://video.cnbc.com/gallery/?video=3000078341

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