Nassim Taleb warns rising US debt could turn into 'death spiral'

Nassim Taleb warns rising US debt could turn into 'death spiral'

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Black Swan author Nassim Nicholas Taleb warned that "a debt spiral is like a death spiral," and the US deficit is increasing to a point where it would take a miracle to reverse the damage. In an article, Bloomberg reported that Taleb spoke at an event for Universa Investments on Monday night, the…

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