black swan

Nicole Foss on Japan

sastyk | March 14, 2011

As things unfold, there will be more to say about the terrible situation in Japan and its effects in the both the present and the future, but for now, Nicole Foss (aka Stoneleigh in her super financial analyst extraordinaire identity, and nuclear safety expert...is there anything she can't do?) of The Automatic Earth has done a superb review of what we know, what we don't know and the consequences we can anticipate. Very, very important! The comments at The Oil Drum are also often quite valuable. I think particularly useful is her evidence that this was not an unpredictable "black swan"…