A flock of black swans

[udhay]

Saxo Bank is a "Copenhagen-based online trading and investment specialist" that has an annual list of so-called Black Swan events (incidentally, I'm getting really tired of that term).

This year's list is particularly alarming.

Saxo Bank’s Outrageous Claims for 2009:

1) There will be severe social unrest in Iran as lower oil prices mean that the

Comments

[anonymous]

They are not so outrageous at all.In fact,I would expect that 8 is quite likely to happen.And I wouldn't be surprised at 0% chinese gdp growth(of course there is the small matter of "official" statistics acknowledging it).