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5 Black Swans That Could Obliterate America's Future
Townhall.com ^ | February 21, 2012 | John Hawkins

Posted on 02/21/2012 5:11:24 AM PST by Kaslin

Nassim Nicholas Taleb wrote a fantastic book on the impact of large, high impact, statistically rare events called The Black Swan: The Impact of the Highly Improbable. According to Taleb, history tends to swing much more than we realize on these theoretically foreseeable, but often unexpected large events as opposed to the much more predictable trajectory that we tend to forecast when we look ahead to the future.

Technically, Taleb would probably classify the events we're about to discuss as "grey swans," unlikely events that we should still be able to anticipate, but that's splitting hairs. Long story short, we should be aware that our world can change for the worse in a hurry and we should make sure we're taking steps to alleviate the danger.


Default on the Debt: This is, far and away, the scariest option on the list because all we have to do to ensure that it occurs is maintain the status quo for the next 10-15 years -- if that long. Congressman Mike Pence says we may only be a decade away from a default and Senator Tom Coburn thinks we may be less than 5 years away. By 2020, it'll take 19% of the world's GDP just to finance our debt and by 2030 it'll take 36% of all our tax revenue just to pay the interest on the debt. When people call our spending "unsustainable," that's not hyperbole. What happens if America goes bankrupt and defaults? A Depression would begin, your life savings could become worthless overnight, your taxes would explode, your standard of living would plunge, violence and instability would break out, and payments from the government could dramatically drop or stop altogether.


Demographic Assimilation: "According to a 2002 Zogby poll, 58% of Mexicans said that the ‘territory of the United States’ southwest rightfully belongs to Mexico.'" Mexico, being a bad neighbor, actively encourages both illegal aliens and Mexican-Americans to have their first loyalty to Mexico. This hasn't been a big issue thus far, but we still have porous borders and there's a genuine danger that Mexico could become a failed state. What if the worst happens and we go from 10-12 million illegals in the United States to 25-40 million packed into the southwestern United States in a relatively short period of time? Demographics are destiny, which is something we taught both Mexico and the Indians the hard way, which is why it's so ironic that we think that same lesson couldn’t ever apply to us.


EMP: There haven't been any high altitude nuclear explosions since 1962; so it's hard to definitively know exactly how much damage a nuke exploding over the center of the United States would cause. A Solar Storm, which could theoretically produce almost the same effect, is even more of an unknown. However, it's entirely possible that a single nuclear bomb or Solar Storm could fry enough electronics to send us all the way back to the Dark Ages in the space of a few heartbeats. Airplanes would drop from the sky, the power grid would go down long term, the Internet would go offline, and nearly all the electronics, computer circuitry, and automobiles people rely on would stop functioning. Millions would die in a few months’ time, economic activity would grind to a halt, and people all across America would get to experience the old school "Oregon Trail" video game in real time.

Nuclear Weapons: There's always a chance that some dictator or religious nut could launch a nuclear weapon at us, but as nukes proliferate to more unstable nations, the chances of terrorists or hostile intelligence agencies sneaking those weapons into the United States will increase dramatically. This will especially be true if Iran gets nukes, because that would undoubtedly inspire Syria, Iraq, Saudi Arabia, Turkey, and Egypt among other nations to also acquire nuclear weapons.

Imagine nuclear weapons going off in LA, DC, NYC, Chicago, Houston, and Philadelphia all in the same day. Millions would be killed, tens of millions would be displaced, it would cost tens of trillions, those cities could be unusable for decades, and it's entirely possible we would likely have NO IDEA who is behind it at first. That would seem to make our porous borders into a high priority problem although you certainly wouldn’t realize it from the lackadaisical approach the Bush and Obama administrations have taken to securing the border.

Biological Weapons: The Black Death killed somewhere between 30%-60% of the population in Europe, smallpox killed roughly 300 million people in the 20th century, and less than a hundred years ago, the Spanish Flu killed somewhere between 50-100 million people. Now consider that there are roughly 20 nations that are believed to have biological weapon programs including Iran, Egypt, Libya, Pakistan, Syria, and North Korea. Put together hostile and/or unstable regimes with access to weaponized biological agents with terrorists (or even environmental extremists who believe the planet is overpopulated) and you have the potential for tens of millions of deaths, nationwide disruptions, and panic that could last for months or even years.

 


TOPICS: Culture/Society; Editorial; Foreign Affairs
KEYWORDS: beprepared; blackswan; blackswans; getreadyhereitcomes; getyourhouseinorder; goldbugs; ntsa; preparenow; prepperping; shtf; survivalping; totalbs
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To: Kaslin

“Mexico, being a bad neighbor, actively encourages both illegal aliens and Mexican-Americans to have their first loyalty to Mexico. This hasn’t been a big issue thus far, but we still have porous borders and there’s a genuine danger that Mexico could become a failed state.”

‘Hasn’t been a big issue’? Who is this brainless idiot John Hawkins?

It’s been a huge issue in California for more than twenty years, and a national issue when we had to fight Dubya’s treacherous attempt to amnesty every one of them.


101 posted on 02/21/2012 8:19:47 PM PST by Pelham (Vultures for Romney. We pluck your carcass)
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To: lentulusgracchus

http://www.freerepublic.com/focus/f-bloggers/2820204/posts

If you will read the first five posts, you will be able to get a good picture of what those days were like.


102 posted on 02/21/2012 8:41:48 PM PST by James Oscar
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To: GOPJ

Hope you enjoy the reading


103 posted on 02/21/2012 8:44:38 PM PST by James Oscar
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To: HChampagne
These five are in no way as ruinous as knowledgeable people not voting.

Which, in turn, is not nearly as ruinous as ignorant people VOTING.

104 posted on 02/21/2012 8:54:10 PM PST by giotto
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To: All


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105 posted on 02/21/2012 8:55:42 PM PST by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: James Oscar

“Mother Abigail “

I had completely forgotten about Mother Abigail. Those were some truly fascinating threads. Whatever happened to her?


106 posted on 02/21/2012 9:06:47 PM PST by Pelham (Vultures for Romney. We pluck your carcass)
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To: Pelham

http://www.freerepublic.com/focus/f-bloggers/2820204/posts

The above link is to an article I wrote about my two years of interviewing and studying with her.

She is the most impressive person I have ever met, and I treasure the time I spent with her.

Enjoy the reading - it is a window into her soul.


107 posted on 02/21/2012 9:24:00 PM PST by James Oscar
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To: Kartographer

Placemark for reading tomorrow.


108 posted on 02/21/2012 10:44:38 PM PST by little jeremiah (We will have to go through hell to get out of hell)
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To: null and void; DannyTN
True. We'll hyper-inflate our way out of it.

The bankers' term of art is "repression".

Interest rates paid to depositors are held down (the purpose of the old Regulation Q of the 50's-70's) while the money supply is steadily and stealthily inflated at 4-5%.

This policy was adopted after World War II to destroy FDR's World War II debt (it screwed millions and millions of War Bond, Victory Bond, and Series E Savings Bond buyers among the U.S. public). It has been again made official policy by Greenspan, Bernanke, et al.

109 posted on 02/22/2012 12:38:05 AM PST by lentulusgracchus
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To: DuncanWaring
Thanks anyway, but I'm on slow, substandard dialup (thanks to AT&T's 1965-era neighborhood lashup), can't stream.
110 posted on 02/22/2012 12:51:24 AM PST by lentulusgracchus
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To: metmom; DuncanWaring; Kartographer
That whole area is, and has been, seismically active for hundreds of millennia because of the North American craton's overriding of the Nazca and Pacific Plates.

The source of the seismicity isn't necessarily magmatic in origin -- not necessarily due to movement of magma. It may be due to plate movement. The seismologists' determination of the epicenter's depth will tell you -- the Nazca plate is present at depth, but the depth is very great in Wyoming, near the leading edge of the plunging overridden plate, much deeper than the Yellowstone magma chamber. (National Geographic had a good article on the Yellowstone hot spot recently.)

The hot spot, of course, is connected by a magma feeder to the magma chamber; this feeder penetrates both plates and has emplaced the magma body in the North American plate.

One temblor probably does not signal a problem. Swarming low-intensity quakes would be another matter.

111 posted on 02/22/2012 1:03:24 AM PST by lentulusgracchus
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To: ctdonath2

The reductions needed to stop the fiscal bleeding would set off huge riots. Pols know this and won’t go there.

I somewhat reluctantly agree, but in reality, it is riots now or far worse later. I must state again and again. POLS who thing the American people are going to hold them blameless when TSHTF are dreaming.


112 posted on 02/22/2012 4:14:17 AM PST by wita
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To: lentulusgracchus

Are you talking about Yellowstone or New Madrid?


113 posted on 02/22/2012 4:27:00 AM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: metmom; DuncanWaring; CodeToad
Reminds me of a novel I wrote, where a pair of Richter 9 blasts on the New Madrid Fault are the Black Swan event that pushes the USA into outright dictatorship.


114 posted on 02/22/2012 4:39:51 AM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: Publius6961

A black swan I can foresee is Mecca turning into a glowing crater, and islam is over in less than one year, world-wide.

Without mecca, the “hard drive” of islam, there is no islam. There cannot be islam with the “5 minus 2 pillars of islam.” There will not be islam where the prayer is, “We used to believe our god was greatest.”

No mecca, no islam. Now that would be a Black Swan and a real game changer, after 1,400 years of jihad.


115 posted on 02/22/2012 4:50:10 AM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: lentulusgracchus; Kaslin
What if the worst happens and we go from 10-12 million illegals in the United States to 25-40 million packed into the southwestern United States in a relatively short period of time? Demographics are destiny.....

Sounds like the background of my second novel.


116 posted on 02/22/2012 4:53:02 AM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: ctdonath2
The reductions needed to stop the fiscal bleeding would set off huge riots. Pols know this and won’t go there.

So the herd continues to blindly stampede toward the unseen cliff's edge.

Time to move to the back or sides of the herd, folks, and wander off to another more private pasture.

CW2 Cube, and all that.

117 posted on 02/22/2012 4:57:52 AM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: lentulusgracchus; DuncanWaring; Kartographer
One temblor probably does not signal a problem. Swarming low-intensity quakes would be another matter.

I don't know that any of us thought that. What I found curious is the lack of mention of it virtually anywhere in the news.

My understanding is that in an area of known seismic activity, occasional events like this are a kind of safety value. The thing to worry about is NO activity, IOW, the pressure not being released.

But then again, geology is not my area of specialty. You want to talk tornadoes, I'm game but rocks? I'll leave that for the geologists.

118 posted on 02/22/2012 5:33:34 AM PST by metmom (For freedom Christ has set us free; stand firm therefore & do not submit again to a yoke of slavery)
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To: Publius6961

Yeah, I’m a EE, and I saw the flaw in the lack of grounding as well.

Really, without some sort of physics lab level of simulator, one can’t know whether his best constructed faraday cage would actually work in the case of an EMP.

He did say that he chose FM because of its close frequency match to EMP frequencies. I don’t know - haven’t studied it so much. EMP is probably near the bottom of my list of “things that are gonna cause the StHTF”.


119 posted on 02/22/2012 5:44:46 AM PST by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: Travis McGee

And no doubt America as it stands would allow a dictatorship.


120 posted on 02/22/2012 7:25:32 AM PST by CodeToad (NO TAXATION WITHOUT REPRESENTATION!!!)
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