The black swan theory or theory of black swan events is a metaphor that encapsulates the concept that The event is a surprise (to the observer) and has a major impact. After the fact, the event is rationalized by hindsight.Here, I will list events that I consider to be Black Swans. Black Swans can be good or bad.
I am chronicling BAD Black Swans based on more than 40 years of informed observation of global economic mechanisms, processes and trajectories.
It's getting to look like a shooting gallery here in Hypatia of California Land.
You may also find my Section titled: Better Plant that Vegetable Garden worthwhile.
I have been an economics geek since I was sixteen, my senior year in high school. I took Econ 1 from Mr. Rayburn and found it fascinating. Since then I have:
- Taken several econ and accounting courses at various colleges
- Found out why and how the peso was devalued by a factor of ten in 1984
- Tracked news affecting interest rates for 20 years in my capacity as a banker
- Learned how to pick stocks and mutual funds with lots of research, aided by Valueline and Morningstar (33% annual return)
- Wrote a paper in law school about the Precautionary Principle
- Wrote a paper in law school on the economic effects of genetically modified corn on Mexico (the home of the corn genome and genetic diversity) and the corn species in general, including a legal analysis of applicable International Trade Law
- Wrote a paper on the WTO, IMF, and the World Bank, etc.*