{"id":4514,"date":"2012-05-30T12:47:01","date_gmt":"2012-05-30T19:47:01","guid":{"rendered":"http:\/\/www.blackswanreport.com\/blog\/?p=4514"},"modified":"2012-05-30T12:47:01","modified_gmt":"2012-05-30T19:47:01","slug":"taleb-says-euro-breakup-not-a-big-deal-as-u-s-scariest-businessweek","status":"publish","type":"post","link":"https:\/\/www.blackswanreport.com\/blog\/2012\/05\/taleb-says-euro-breakup-not-a-big-deal-as-u-s-scariest-businessweek\/","title":{"rendered":"Taleb Says Euro Breakup \u2018Not a Big Deal\u2019 as U.S. Scariest &#8211; Businessweek"},"content":{"rendered":"<blockquote>\n<p>A breakup of the euro \u201cis not a big deal,\u201d Taleb said yesterday at an event in Montreal hosted by the Alternative Investment Management Association. \u201cWhen they break it up, there will be a lot of fun currencies. This is why I am not afraid of Europe, or investing in Europe. I\u2019m afraid of the United States.\u201d<\/p>\n<p>The budget deficit as a proportion of gross domestic product in the U.S. amounted to 8.2 percent at the end of 2011, government figures show. That\u2019s twice the 4.1 percent ratio for euro-region countries, according to data compiled by Bloomberg.<\/p>\n<p>\u201cOf course Europe has its problems, but it\u2019s in much better shape than the United States,\u201d Taleb said. He voiced similar concerns about U.S. prospects at a conference in Tokyo in September.<\/p>\n<\/blockquote>\n<p>via <a href=\"http:\/\/www.businessweek.com\/news\/2012-05-30\/taleb-says-euro-breakup-not-a-big-deal-as-u-dot-s-dot-scariest\">Taleb Says Euro Breakup \u2018Not a Big Deal\u2019 as U.S. Scariest &#8211; Businessweek<\/a>.<br \/>HatTip to Dave Lull!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A breakup of the euro \u201cis not a big deal,\u201d Taleb said yesterday at an event in Montreal hosted by the Alternative Investment Management Association. \u201cWhen they break it up, there will be a lot of fun currencies. This is why I am not afraid of Europe, or investing in Europe. I\u2019m afraid of the [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,102,165],"tags":[528],"class_list":["post-4514","post","type-post","status-publish","format-standard","hentry","category-contributors","category-event","category-investing","tag-euro-breakup"],"_links":{"self":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/4514","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/comments?post=4514"}],"version-history":[{"count":2,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/4514\/revisions"}],"predecessor-version":[{"id":4516,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/4514\/revisions\/4516"}],"wp:attachment":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/media?parent=4514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/categories?post=4514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/tags?post=4514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}