Black Swans and things that make you go hmmm
Great year end reading by Things that make you go hmmm.
Well what a year that was. It’s hard to believe that, after a tumultuous year like 2011, the stakes could have been
raised yet further in 2012, but raised they were.
So many momentous moves took place in the past twelve months it was hard to keep pace with ev- erything. Fortunately, way back in December 2011, I didn’t put together my own list of ‘Black Swan Possibilities For 2012’ that so many people choose to publish at the end of a year, so history will be unable to judge the success or failure of my own thoughts which I diligently kept to myself – after all, who in their right mind would want to listen to a list of potentially unexpected events that I predicted could possibly happen in 2012?
Predicting is, to use the vernacular, a mug’s game and, if you ever find yourself being foolish enough to share your thoughts about what MAY happen with others, then take the advice of Marc Faber:
“…when you make a prediction, never make a prediction about timing”
The Rich get Richer, and when they get Poorer, they get Bailed Out
Occupy Wall Street, the 1%, Arab Spring, M15 in Spain. All signs of frustration in the society. Inequality, where the rich get richer, while the poor get poorer. Whatever one thinks of inequality, it has been around for a long time, and will probably continue to do so. While growing stronger, it risks taking down a society or two. Some calculus on the inequality aspects of our society. By World Complex;Politics in America
As the World is focused on what’s going on in Europe, the US politics haven’t stopped. A great in-depth look at the current political environment in America, from the Occupy Wall Street protesters to the President’s reaction to the Republican Primary. Courtesy Omid Malekan. Must see video below.
US and Oligarchy
The mighty Melting Pot is boiling. The OWS movement is still going strong. Where this will ultimately end, nobody knows. The below Info graphics from Der Spiegel sums it up rather well. Further reading on America becoming an Oligarchy.
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