Nassim Nicholas Taleb

@nntaleb ↗

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Last Checked Aug. 2, 2022

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Sun Jul 17 19:08:15 +0000 2022

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Nassim Nicholas Taleb @nntaleb

2) This is even clearer: "We protect the Germans from Russian AND they pay billions buying oil from them and their chancellor is a chairman of a Russian oil company..." h/t @David_N_Frank https://t.co/qGRGpbCwL4 — PolitiTweet.org

“Germany is totally controlled by Russia.” -Donald Trump (7/11/18) https://t.co/h5KyTI0uXj

Posted July 17, 2022

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Nassim Nicholas Taleb @nntaleb

https://t.co/rM6lB6FKY0 — PolitiTweet.org

@nntaleb This is an even more prominent example as he was sitting at a table right across from EU/Germany leaders a… https://t.co/Sky44rvfuh

Posted July 17, 2022 Deleted after 20 seconds

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Nassim Nicholas Taleb @nntaleb

2) The mechanism: overadjustment to shortages. $$ to produce substitutes elsewhere, plus adaptation away from expensive product. 1973 oil shock led to slow adaptation [speed limits, smaller cars] => 1980s glut; today things are much, much faster. Now watch microchips. — PolitiTweet.org

Posted July 17, 2022