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Nassim Nicholas Taleb

@nntaleb ↗

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Last Checked March 28, 2023

Created

Mon Mar 13 00:44:13 +0000 2023

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460

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19

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Nassim Nicholas Taleb @nntaleb

Don't forget to add the S&L industry, one that vanished since... — PolitiTweet.org

Posted March 13, 2023

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Nassim Nicholas Taleb @nntaleb

A BIT OF FINANCE In the 80s and 90s, on average, one bank failed (and closed) every other day. Since 2000, we have had an average of 1 bank failing & closing every week. So ignore those technologists who know nothing of financial history. — PolitiTweet.org

Posted March 12, 2023

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Nassim Nicholas Taleb @nntaleb

@Jason Did you bother look at how deposits for the 4000 bank failures since the 80s were handled before shrieking hysterically to your equally stupid followers? — PolitiTweet.org

Posted March 13, 2023

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