In a recent video, Taleb argues that people generally put too much focus on the specifics of a disaster, and too little on what makes systems fragile.
He said that high debt means (among other things) too much focus on the short run, and skimping on insurance and precautions.
In a recent video, Taleb argues that people generally put too much focus on the specifics of a disaster, and too little on what makes systems fragile.
He said that high debt means (among other things) too much focus on the short run, and skimping on insurance and precautions.