​US Geopolitical Hubris Presents Terrifying Fat Tail Risks – Tyler Durden

US Geopolitical Hubris Presents Terrifying Fat Tail Risks By Michael Every of Rabobank Invidious Headlines today are of disappointing earnings at NVIDIA. Yet somehow world markets –and the world economy aside from one firm, in one sector, in one country– managed to survive, and we didn’t see a complete meltdown. The neoliberal ‘Too-Big-To-Fail-is-how-we-succeed’ system needs to try harder to create the Perfect Storm; I’m sure it will, while central banks and central bank-watchers jawbone about 2% inflation and financial stability. Meanwhile, related systemic storms are brewing. In Tuesday’s ‘The Powell of the Powerless’, I pointed out the dangers of a…  — Continue at ZeroHedge News : Read More