US faces ‘death spiral’ of swelling debt – Nassim Taleb — RT Business News

US faces ‘death spiral’ of swelling debt – Nassim Taleb — RT Business News

Source link The burgeoning US debt pile is akin to a “death spiral” that only a “miracle” could extract the country from, economist and ‘Black Swan’ author Nassim Taleb said at a business event on Monday, as quoted by Bloomberg. Taleb defined the expanding US debt load as a “white swan,” meaning a risk event […]