“Using leverage to cure the problems of too much leverage is not homeopathy, it is denial. The debt crisis is not a temporary problem, it is a structural one. We need rehab.”

— Nassim Nicholas Taleb

Ten principles for a Black Swan-proof world (2009)

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Nassim Nicholas Taleb 196

Lebanese-American essayist, scholar, statistician, former t… 1960

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“Using leverage to cure the problems of too much leverage is not homeopathy, it is denial. The debt crisis is not a temporary problem, it is a structural one. We need rehab.”

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