{"id":5626,"date":"2013-03-11T01:37:32","date_gmt":"2013-03-11T08:37:32","guid":{"rendered":"http:\/\/www.blackswanreport.com\/blog\/?p=5626"},"modified":"2013-03-11T01:37:32","modified_gmt":"2013-03-11T08:37:32","slug":"permanently-risk-off","status":"publish","type":"post","link":"https:\/\/www.blackswanreport.com\/blog\/2013\/03\/permanently-risk-off\/","title":{"rendered":"Permanently \u201cRisk-Off\u201d"},"content":{"rendered":"<blockquote>\n<p>Taleb writes: \u201cStifling natural fluctuations masks real problems, causing the explosions to be both delayed and more intense when they do take place. As with the flammable material accumulating on the forest floor in the absence of forest fires, problems hide in the absence of stressors, and the resulting cumulative harm can take on tragic proportions. And yet our economic policy makers have often aimed for maximum stability, even for eradicating the business cycle.<\/p>\n<\/blockquote>\n<p>via <a href=\"http:\/\/www.valueinvestorinsight.com\/pdfs\/IssueTrialFE2013VII.PDF\">http:\/\/www.valueinvestorinsight.com\/pdfs\/IssueTrialFE2013VII.PDF<\/a> (pdf)<br \/>HatTip To&#8230; Apologies! I can&#8217;t find the email that sourced this article. But, Thanks!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Taleb writes: \u201cStifling natural fluctuations masks real problems, causing the explosions to be both delayed and more intense when they do take place. As with the flammable material accumulating on the forest floor in the absence of forest fires, problems hide in the absence of stressors, and the resulting cumulative harm can take on tragic [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[165],"tags":[],"class_list":["post-5626","post","type-post","status-publish","format-standard","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/5626","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=5626"}],"version-history":[{"count":0,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/5626\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/media?parent=5626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/categories?post=5626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/tags?post=5626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}