Baby Black Swan (the extension of the idea Black Swan by Nassem Talibi) is my idea of a likely event that can quickly develop to a Black Swan
Currently we have a lot of these Baby Black Swan
– The Chinese-Japanese Tension
– N. Korea- S Korea Tension
– ISIS Tension
– Arab Spring continuing to Arab Monarchies
– Ukraine crisis
The White Elephant
– Western govt beholden to their central bank and financial institution cartel
– People succumbing to state and media propaganda
I will write more on each of the top points later.
But any of these events can escalate and create a global financial crisis and then to an outright war.