Charlie Ward “It’s Coming Down the Old System, Black Swan Event Incoming“! (Video) Charlie Ward: “It’s Coming Down the Old System, Black Swan Event Incoming“! (Video)  The term “Black Swan” was Popularized by Nassim Nicholas Taleb in his Book “The Black Swan, The Impact of the Highly Improbable” and it refers to an Unexpected Event that has A Significant Impact and is Only Explained after the Fact. In the Context of the Economy, A Black Swan Event could be A Sudden and Unexpected Financial crisis, a natural disaster, a pandemic, or a major geopolitical event that disrupts global markets and causes significant economic upheaval. These events are often impossible to predict or prepare for, and their effects can be felt for years to come. In this article, we will explore the concept of black swan events in the economy, how they can impact markets, and what lessons we can learn from them. The Concept of Black Swan Events The concept of black swan events in economics is based on the idea that the future is inherently unpredictable, and that small events can have outsized consequences. According to Taleb, black swan events are characterized by three key features: they are … Meer lezen over American Media Group | Medeea Greere – Charlie Ward “It’s Coming Down the Old System, Black Swan Event Incoming“! (Video)