KINCHIK

Everyone should watch the movie, IDIOCRACY. It should have won every award and could have made billions!!

Yeah, it's sorta like if you put a modern ripped body builder in the stone age .. looks very nice, but he'd die during a hard winter since he'd have no fat to draw on.

ok middle class people are screwed

Yeaha we are clusterfucked, thanks for sharing . Peak Oil is at the Center of all our problems, no, our economic model is, then peak oil. We need a new system, we will get one, strap yourselves in , its going to get bumpy soon, you aint seen nothing yet.

10:00 "predictions are difficult... particularly about the future. " haha.

Nic looks really nervous, i see that he knows something and is genuinely worried. Look at the body language. He talks sense too.

Oil went up from $25 to $150 b/c the Fed printed $125 more dollars per barrel of oil :-)

He just recently started talking about the Federal Reserve... Before, he would just mumble, mumble, mumble. Taleb is one sneaky dude :-)

Actually I AM the BLACK SWAN! Be afraid, be terrorized!

@dogshu tsk... thanks for the spoiler!

"we don't have slack, it's over optimized"

@powergirl901 Idiot. It's early December now and nothing has happened. Don't talk about things that you don't understand.

qualify

yeah right

A plagiarist & a nut-job

ehswan, do u have secret battles with the black swan

life on earth is not at stake. human life on earth is. HUGE difference.

It's nice that appreciate nature, and I suggest you enjoy it while you can because we're way past the tipping point where we could have avoided a global warming catastrophe. In brief, the Western World (Europe, US, etc.) is much poorer than it appears and the East (Russia, China, etc.) is much richer than it appears. The West doesn't have the money to do anything meaningful to stop catastrophic change, we should all prepare for it. We may end up with a 500M population, but it won't be pretty.

Why are so many of these comments so tl;dr.

woohoo! Just a couple weeks until nuclear war...

That's one bad-ass fucking fractal.

Anybody have a buck i can borrow? I promice to pay back with interest

What say to Kasparov vs Blue?

Paretto thought once that Newton's laws are very similar to social and economical laws, but in reality are two total different disciplines not do to mathematical sophistication because they now share a lot of topology, partial differential equations, dynamic programming, calculus of variations, numerical methods, etc that theory only serves to describe phenomena, but the problem actually is to think that economical and social agents behave like a particle in fluid or in quantum field.

Economics makes sense, people don't.