The market, of course, refers to black swan events (and you can get the full history of the term elsewhere) as, so to speak, unexpected, off the probability curve events that lead to extreme market volatility. But I would argue usually they aren't really actually that unexpected. Often in fact they are even quite predictable … Continue reading A Short List of Potential Black Swan Macro-political (geo-political) Risks
Category: Russia-Ukraine war
The dangerous tight rope walk of proxy wars
In a recent post I mentioned the thesis that in some sense World War 3 had already begun and that this time unlike earlier world wars seen last century it would occur with the superpowers using proxies to battle for hegemony on the world stage. Anyone considering the current Ukraine war and Middle East conflict … Continue reading The dangerous tight rope walk of proxy wars