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Searching for black swans

Searching for black swans

4 comments

·May 6, 2025

UncleOxidant

There's not a lot there in this essay other than "Deep down, people know that something’s not right. Something feels unstable, like an earthquake that’s about to happen. But no one understands what the real danger is, or what to do about it.”

The article that is linked in this article has the potential to be more substantive: https://www.epsilontheory.com/our-true-enemy-has-yet-to-reve... ...but it's basically an ad for a newsletter, it seems, where you have to pay $20/mo (or $200) to keep reading.

So we're left to wallow in our uneasiness.

BJones12

> I received my initiation into the flaws of capitalism in September of 2000... a profitable company... was suddenly trading for less than half the value of our cash on hand.

This is no more a flaw of capitalism than finding a $20 NES at a garage sale.

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