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Tag Archives: Black Swans

Switzerland Is Well-Prepared For Civilizational Collapse

More than any other country, Switzerland’s ethos is centered around preparing for civilizational collapse. - Click to enlarge All around Switzerland, for example, one can find thousands of water fountains fed by natural springs. Zurich is famous for its 1200 fountains, some of them quite beautiful and ornate, but it’s the multiple small, simple fountains in every Swiss village that really tell the story. Elegant,...

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Switzerland Is Well-Prepared For Civilizational Collapse

Authord by Alex Tabarrok via MarginalRevolution.com, More than any other country, Switzerland’s ethos is centered around preparing for civilizational collapse. All around Switzerland, for example, one can find thousands of water fountains fed by natural springs. Zurich is famous for its 1200 fountains, some of them quite beautiful and ornate, but it’s the multiple small, simple fountains in every Swiss village that really tell the story. Elegant, yes, but if and when central...

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Sornette’s Supercomputer Is Betting On A Market Crash

Via FinancialSense.com, One of the world's most powerful supercomputers, retrofitted for trading the stock market, appears to be betting on a crash in the months ahead. The Financial Crisis Observatory (FCO) at ETH Zurich released its latest Global Bubble Status Report on July 1st. As we discussed with FCO’s director, Didier Sornette, on our podcast in May, they use one of the world’s leading supercomputers to monitor global markets each day for two distinct bubble-like...

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