6 Gurus Who Told You That Selling Your Treasuries Was A GREAT Idea

Link To Full Story: www.businessinsider.com

Shared by JohnH
Fortunately or not, I don't have a lot to wager with, but I wouldn't be too quick to discount Taleb's advice.

Nassim Taleb: Every Single Human Should Short Treasuries

" 'Every single human being' should bet US treasury bonds will decline"

-- Nassim Taleb (Author of "The Black Swan") on Feb. 4, 2010

Other one-line stunts in the same interview include "[Fiscal] Deficits are like putting dynamite in the hands of children...They get out of control very quickly." and "Democracies can't handle austerity measures very well...We are going to have a severe problem."

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The Black Swan Report