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Nassim "Black Swan" Taleb: U.S. leadership is "incompetent;" economy getting worse
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Thursday, August 13, 2009
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From Clusterstock:

The Black Swan graced CNBC with His presence this morning. In sum:

* We're all in denial
* We're replacing private debt with public debt.
* We're not dealing with the cancer in our banking system.
* Bernanke is a wimpy Greenspan sycophant
* Obama's rewarding the fools who got us here

He's pretty much right, by the way.

Watch video...

More from the Black Swan:

Taleb's 10 rules to prevent disaster

Nassim Taleb has solved the world's financial crisis

Nassim "Black Swan" Taleb: We're in the middle of a crash

Topics: Guru | Economy | Stocks
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