{"id":3754,"date":"2011-09-02T15:25:00","date_gmt":"2011-09-02T22:25:00","guid":{"rendered":"http:\/\/www.blackswanreport.com\/blog\/?guid=e2c4299115d0dcc7f272f4c104717168"},"modified":"2011-09-02T15:25:00","modified_gmt":"2011-09-02T22:25:00","slug":"the-great-bank-robbery-nassim-nicholas-taleb-and-mark-spitznagel-project-syndicate","status":"publish","type":"post","link":"https:\/\/www.blackswanreport.com\/blog\/2011\/09\/the-great-bank-robbery-nassim-nicholas-taleb-and-mark-spitznagel-project-syndicate\/","title":{"rendered":"The Great Bank Robbery &#8211; Nassim Nicholas Taleb and Mark Spitznagel &#8211; Project Syndicate"},"content":{"rendered":"<div style=\"text-align:left;padding-bottom:4px\">2011-09-02<\/div>\n<p><a href=\"http:\/\/www.project-syndicate.org\/commentary\/taleb1\/English\" style=\"text-decoration:none;color:silver\">The Great Bank Robbery<\/a><\/p>\n<p>  <img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.project-syndicate.org\/newsart\/1\/2\/b\/pa2970c_thumb3.jpg\" height=\"148\" width=\"200\">  <\/p>\n<div>\n<p>NEW YORK \u2013 For the American economy \u2013 and for many other developed economies \u2013 the elephant in the room is the amount of money paid to bankers over the last five years. In the United States, the sum stands at an astounding $2.2 trillion for banks that have filings with the US Securities and Exchange Commission. Extrapolating over the coming decade, the numbers would approach $5 trillion, an amount vastly larger than what both President Barack Obama\u2019s administration and his Republican opponents seem willing to cut from further government deficits.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>2011-09-02<\/p>\n<p> The Great Bank Robbery     NEW YORK \u2013 For the American economy \u2013 and for many other developed economies \u2013 the elephant in the room is the amount of money paid to bankers over the last five years. In the United States, the sum stands&#8230;<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-3754","post","type-post","status-publish","format-standard","hentry","category-feeds"],"_links":{"self":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/3754","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/comments?post=3754"}],"version-history":[{"count":0,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/3754\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/media?parent=3754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/categories?post=3754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/tags?post=3754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}