Dr. Jeffrey Lewis came back on the show and we discussed Nassim Nicholas Taleb’s latest book AntiFragile and what it means to society, the economy and your life. Turns out it’s very relevant to what’s happening now. There’s not just bad black swans, there’s good black swans and it’s up to all of us to learn the difference. We also talked about the soon to be realized demise of hyper-hypothecation. Seems there’s just not enough high quality collateral left in the world. The cycle of debt and death could be coming to an end soon. But Chris Duane would give you an argument on that point.
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