Lebanese-American Nassim Taleb, a New York University distinguished professor of risk engineering, discusses what he sees as misconceptions about the coronavirus pandemic and comments on the Federal Reserve’s shift in monetary policy. He speaks with Bloomberg’s Erik Schatzker.
BLOOMBERG
It was Nassim Taleb that urged Lebanon to default last November
In a tweet he said November 17 : ” Lebanon must default. We most certainly have to do so soon. Pull the trigger.
The Eurobonds are pricing a near certaity of an eventual default. So save money and do it now.
Use the money instead to pay for necessities & pharmaceuticals. ”
Lebanon did default for the first time ever . I wonder how he feels now about this advice
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