{"id":8414,"date":"2016-07-01T17:27:01","date_gmt":"2016-07-02T00:27:01","guid":{"rendered":"http:\/\/www.blackswanreport.com\/blog\/?p=8414"},"modified":"2016-07-01T19:41:47","modified_gmt":"2016-07-02T02:41:47","slug":"the-european-union-is-doomed-to-fail-says-black-swan-author-nassim-taleb","status":"publish","type":"post","link":"https:\/\/www.blackswanreport.com\/blog\/2016\/07\/the-european-union-is-doomed-to-fail-says-black-swan-author-nassim-taleb\/","title":{"rendered":"The European Union is &#8216;doomed to fail,&#8217; says &#8216;Black Swan&#8217; author Nassim Taleb"},"content":{"rendered":"<section class=\"cols2\">\n<div class=\"unit col1\">\n<article>\n<div class=\"story\">\n<div id=\"article_body\" class=\"content\">\n<div class=\"group-container \">\n<div class=\"inline-player\">\n<div id=\"player_0_103758326_0\" class=\"asset cnbcvideo imgasset desc_size600_400 featuredPromo\">\n<div class=\"player cnbcvideo autoplay\"><\/div>\n<p><a href=\"http:\/\/www.cnbc.com\/2016\/06\/30\/the-european-union-is-doomed-to-fail-says-black-swan-author-nassim-taleb.html\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" title=\"Black Swan's Taleb: Donald Trump 'brilliant salesperson'\" src=\"http:\/\/fm.cnbc.com\/applications\/cnbc.com\/resources\/img\/editorial\/2016\/06\/30\/103758127-5ED4-PL-BLACK-SWAN-TALEB-2-063016.600x400.jpg?v=1467308289\" alt=\"Black Swan's Taleb: Donald Trump 'brilliant salesperson' \" width=\"600\" height=\"400\" \/><\/a><\/p>\n<div class=\"headline\">Black Swan&#8217;s Taleb: Donald Trump &#8216;brilliant <span class=\"cnbc-nobr\"> salesperson&#8217;<\/span><time>Thursday, 30 Jun 2016 | 1:19 PM ET|02:07<\/time><\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>The European Union is doomed to fail, &#8220;Black Swan&#8221; author Nassim Nicholas Taleb said Thursday.<\/p>\n<p>He told CNBC&#8217;s &#8220;Power Lunch&#8221; the EU has become a &#8220;metastatic and rather incompetent bureaucracy&#8221; that is too intrusive.<\/p>\n<p>&#8220;The way they&#8217;ve been building it top down from Brussels is doomed to fail. This is 2016. They are still thinking 1950 economics,&#8221; said Taleb, who is also the author of &#8220;Antifragile&#8221; and is an advisor to Universa Investments.<\/p>\n<p>Taleb has warned about an EU breakup for some time, calling it a horrible, stupid project back in 2012.<\/p>\n<p>HatTip to Dave Lull <a href=\"http:\/\/www.cnbc.com\/2016\/06\/30\/the-european-union-is-doomed-to-fail-says-black-swan-author-nassim-taleb.html\" target=\"_blank\">The European Union is &#8216;doomed to fail,&#8217; says &#8216;Black Swan&#8217; author Nassim Taleb<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Black Swan&#8217;s Taleb: Donald Trump &#8216;brilliant salesperson&#8217;Thursday, 30 Jun 2016 | 1:19 PM ET|02:07 The European Union is doomed to fail, &#8220;Black Swan&#8221; author Nassim Nicholas Taleb said Thursday. He told CNBC&#8217;s &#8220;Power Lunch&#8221; the EU has become a &#8220;metastatic and rather incompetent bureaucracy&#8221; that is too intrusive. &#8220;The way they&#8217;ve been building it top [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[1295,162],"class_list":["post-8414","post","type-post","status-publish","format-standard","hentry","category-video","tag-brexit","tag-cnbc"],"_links":{"self":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/8414","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=8414"}],"version-history":[{"count":3,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/8414\/revisions"}],"predecessor-version":[{"id":8417,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/8414\/revisions\/8417"}],"wp:attachment":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/media?parent=8414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/categories?post=8414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/tags?post=8414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}