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The Black Swan So Ugly No One Will Talk About It - Graham Summer - Gains Pains & Capital

A black swan is a highly improbable event.
Obviously the author of the article does not understand that.

Commented 2130 days ago

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Beginning of the headline :The biggest black swan facing the financial system is China. China has been the primary driver of growth for the global economy since the 2008 Crisis. Despite only accounting for 15% of global GDP, China accounts for 25%-30% of GDP growth. Put simply, from an economic perspective, if China catches cold, the world gets sick… and if China goes into a coma… Which is why anyone paying attention should be truly horrified by the latest round of data from China’s economy. In December, China’s Man... Read More

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