The Netherlands, birthplace of the world’s first stock exchange and the pioneering Dutch East India Company, is now home to banks with an unusually open mind about bitcoin.
David Tepper, founder of $20 billion hedge-fund firm Appaloosa Management LP, said he’s nervous about markets as the U.S. economy isn’t growing fast enough amid complacency by the Federal Reserve.
The risks stemming from the Federal Reserve’s efforts to stimulate the economy through bond purchases are “humongous” and the central bank doesn’t fully understand the potential effects, said Nassim Taleb , author of “The Black Swan.”
Governments will only bring about an end to the credit crisis through the “blood, sweat and tears” of cutting the amount of public debt, “Black Swan” author Nassim Taleb said.
Nassim Taleb, author of "The Black Swan" and a New York University professor, discusses the "Occupy Wall Street" protest and his view of the global banking system.
My train delayed, man it's cold outside morning reading.
The following are the top Asia stories for the day.
Nassim Nicholas Taleb , author of “The Black Swan,” said he’s concerned about prospects for the U.S. economy because government debt in the country is higher than in other industrialized countries.
"My fear is if we do not stop them now they're going to create hyperinflation."
- Nassim Taleb on May 10, 2010
Disney Earnings, Taleb on QE2, Fama at Top B-School
Nassim Taleb, Richard Franulovich: On the Economy