Quote:
Originally Posted by Boomer
I know. But I could not help it. I am, alas, the Queen of the Segue when it comes to conversation. On TOTV. Or in person. 
Your question just happened to start my wheels turning this morning. It caught my interest.
And, btw, I must sincerely compliment you for having a really classy way of telling me I jumped the track.  |
Since NNT was a finance guy, he really focused on the financial nature of Black Swans. Even though I'm a finance guy as well, I tend to look at Black Swans more through the lens of the culture write large.
But, having said that I'm intrigued by your foresight regarding the 2008 meltdown. The only financial prognosticators I know of who was really beating the drums well before 2008, and was backing it up with insightful analysis, was Jim Jubak. I wish I could/would have listened!
But, I'm interested now in your financial/business forecast for the economy as we emerge from the great virus. Do you see a depression? I think the impact on the economy right now rivals the worst post-war recessions, and may rival the depression. The overall impact of course depends on how long this lasts.
If we're ready to emerge from our cocoons in another month it won't be that bad. If we get subsequent waves of the COVID monster and our lockdowns last a year...that could be real ugly.
Any predictions?