Writer of the Black Swan
July 2, 2009 by AJ · Leave a Comment
Nassim Taleb, author of “The Black Swan”, told CNBC today that he believes that the crisis is not over but yet we are in the midst of it. He believes with unemployment continuing to rise and as networth deminishes, it will be in time where the real crisis arrives. He believes with all the stimulus spending it’s just a mere method of inflating assets when truthfully they’re nothing but dead-weight non-performing assets on balance sheets of zombie financial firms. Check out the story below!
