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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: appalachian_dweller; OldPossum; DuncanWaring; VirginiaMom; CodeToad; goosie; kalee; ...

Prepper’s PING!


21 posted on 02/21/2012 6:37:20 AM PST by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: The Great RJ

EMP won’t take out the electrical grid,

decommissioning power plants will.


22 posted on 02/21/2012 6:42:22 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: Kaslin

Bump for later


23 posted on 02/21/2012 6:51:51 AM PST by Mike Darancette (Romney just makes me tired all over.)
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To: CodeToad

They aren’t surprises to the well informed, but that’s just a faction of the people, look at some of the comments already posted on this thread, by people who claim to be conservatives and yet clearly have their head buried in the sand.

Many will fall to what is called Normalcy Bias, a mental state many people enter when facing a disaster. It causes people to underestimate both the possibility of a disaster occurring and its possible effects. This often results in situations where people fail to adequately prepare for a disaster, and on a larger scale, the failure of governments to include the populace in its disaster preparations. The assumption that is made in the case of the normalcy bias is that since a disaster never has occurred then it never will occur. It also results in the inability of people to cope with a disaster once it occurs. People with a normalcy bias have difficulties reacting to something they have not experienced before. People also tend to interpret warnings in the most optimistic way possible, seizing on any ambiguities to infer a less serious situation.

How many Jews do you think went all the way into the gas chambers never fully realizing what was happening?

There’s a good article about it in my Preparedness Manual, which can be downloaded here for FREE:

http://tomeaker.com/kart/Preparedness1j.pdf

For those of you who haven’t started already it’s time to prepare almost past time maybe. You needed to be stocking up on food guns, ammo, basic household supplies like soap, papergoods, cleaning supplies, good sturdy clothes including extra socks, underwear and extra shoes and boots, a extra couple changes of oil and filters for your car, tools, things you buy everyday start buying two and put one up.

As the LDS say “When the emergency is upon us the time for preparedness has past.”

Or as the bible says: A prudent man sees danger and takes refuge, but the simple keep going and suffer for it.
NIV Proverbs 22:3

Lastly this for the doubters and the scoffers.

“There is no greater disaster than to underestimate danger.

Underestimation can be fatal.”


24 posted on 02/21/2012 6:56:58 AM PST by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: MrB

I see it as a two edge sword, what the EMP doesn’t get the EPA will.


25 posted on 02/21/2012 6:58:25 AM PST by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: CodeToad

“I don’t think the author understands what a ‘Black Swan’ is. They are surprises. Nothing in that list hasn’t been discussed ad nauseum for years.”

I completely agree. A black swan event is, by definition, an event that is not anticipated, not discussed constantly nor on the radar.

These events are often discussed only in very small circles, normally initiated by an individual who has a premonition/precognition about some dark event looming in the near future. The examples of dark swan warnings range thru all recorded history up to the analyst who tried to alert the SEC about the Madoff scam.

The most common of all dark swan events in the fullness of human history is the unexpected population event called a “bottleneck”.

For those of you who are not opposed to a bit of heavy science reading, there is such a discussion ongoing on this forum. You might find it interesting.

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


26 posted on 02/21/2012 7:02:55 AM PST by James Oscar
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To: Kaslin
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.

Probably because most of the people possessing the most bitter hatred for America already live here. :)

27 posted on 02/21/2012 7:03:18 AM PST by Mr. Jeeves (CTRL-GALT-DELETE)
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To: Kaslin

Office supply cabinet into a faraday cage:
http://www.youtube.com/embed/m0ggWv_Gz4s


28 posted on 02/21/2012 7:06:01 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: HChampagne

>>These five are in no way as ruinous as knowledgeable people not voting.<<

Worse still is stupid people voting.


29 posted on 02/21/2012 7:10:46 AM PST by NTHockey (Rules of engagement #1: Take no prisoners)
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To: MrB

“decommissioning power plants will.”

Now, you’re talking. THAT is a major issue with me. As we add need and decrease power plants we can find ourselves in a nasty situation where it becomes harder and harder to maintain the power grid load levels and keep them balanced. At some point it becomes impossible to keep them balanced and every time they turn on a grid section it goes down because of overload, making it impossible to keep any section up at any time.

I believe Obama and his liberal Luddite ilk are after that exact effect.


30 posted on 02/21/2012 7:18:34 AM PST by CodeToad (NO TAXATION WITHOUT REPRESENTATION!!!)
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To: Travis McGee

Black Swan *ping*. Your two cents on what might be a Black Swan in our future?


31 posted on 02/21/2012 7:20:17 AM PST by CodeToad (NO TAXATION WITHOUT REPRESENTATION!!!)
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To: CodeToad

I don’t believe they are Luddites.
They want the technology and energy use to be available, but only to the “elite” who know how to use energy prudently, not you and I or the masses.

They follow Nietzsche’s assertion that holding all men accountable to the same moral standard is detrimental to the “higher” men, and therefore detrimental to society.


32 posted on 02/21/2012 7:25:05 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: James Oscar

Does Rumsfeld addressed this when he said, “There are known unknowns and there are unknown unknowns.” An unknown unknown would be Custer calling in a B-52 strike to save the 7th Cavalry. Unknown to Sitting Bull anyhow. The two nuclear bombs in Japan were an unknown unknown for most of the population of both Nations.


33 posted on 02/21/2012 7:26:10 AM PST by Portcall24
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To: Kaslin

Aren’t you the cheery one this morning!


34 posted on 02/21/2012 7:26:49 AM PST by Ditter
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To: DannyTN

“Bio Weapons - Countries without good healthcare will be hit harder “

We can’t handle 70,000 anthrax cases all at once. We’d be on a par with Guatemala or Mali by week 2 in terms of being able to care for people.

And for the first several days, people will be dropping spores in emergency rooms and clinics, from their clothes and hair, so the military will have to set up what mobile tent facilities they have in country at the time.

And that’s just anthrax, with no additives or adjuncts.


35 posted on 02/21/2012 7:27:01 AM PST by DBrow
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To: CodeToad

“I believe Obama and his liberal Luddite ilk are after that exact effect.”

You have to condition people to accept a power grid that is spotty and unreliable to get them to embrace “green” energy that is on only when the wind blows or the sun is out.


36 posted on 02/21/2012 7:33:19 AM PST by DBrow
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To: Kartographer
Disasters bring out the dumbest of the dumb.

The morning hurricane Rita hit, the wind was still blowing and gusting over 50mph. Limbs were still coming down from the trees.

A girl stopped in front of the house and asked if my electricity was back on yet.

She honestly did not have a clue that the power lines she had been driving over is how the power got to her house.

She honestly believed the power came from the post itself.

She also didn't know that gas stations had gas delivered to them. She thought it just came out of the ground.

To this day I'm still dumbfounded as to how ignorant she was and how she was even able to function at all.

37 posted on 02/21/2012 7:35:42 AM PST by IMR 4350
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To: FastCoyote

Thanks I’ll look those up.

I always thought Black Swans were unexpected events.
Those all have reasonable expectations.

Let me add;
Major earthquake (like Japan recently), causing nuclear power plant issues.
This would cripple our already dicey economy.

About the EMP vs ouside hacking; although our power grid could be taken down for a period of time by “bad guys” it would never have the same results as an EMP. (Read the book One Second After). Even the Russians have long known that, if you only have one nuke the best use for it is an EMP.


38 posted on 02/21/2012 7:40:16 AM PST by vanilla swirl (We are the Patrick Henry we have been waiting for!)
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To: IMR 4350

The girl you described undoubtedly is an Obama voter, LOL.


39 posted on 02/21/2012 7:41:46 AM PST by nascarnation (DEFEAT BARAQ 2012 DEPORT BARAQ 2013)
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To: DannyTN
"Default on Debt" - Won't happen as long as debt is dollar denominated.

Technically, true, but as the number of dollars in existence approaches infinity, the value of each individual dollar approaches zero.

EMP - hurtful, but nothing we couldn't bounce back from quickly,...

About 8 years ago, a large transformer supplying Phoenix failed; the nearest spare was somewhere in the Pacific Northwest. It was big enough it had to be transported by barge to LA, then on an ultra-heavy-duty truck from there, at about 5 mph. Overall, it tooks several weeks, and nothing else anywhere had failed.

An EMP event over the "Bos-Wash corridor", Chicago or Los Angeles would take months to recover from, even if everything went perfectly, which it never does. Millions of people would be dead, especially if it happened in winter.

Nuclear Weapons - We lost New Orleans to Katrina and barely noticed.

The only value New Orleans (the city) has is as a place to get drunk for Mardi Gras. Nobody is going to nuke New Orleans; they'll nuke a city that has actual utility beyond housing parasites. Come up with a better example.

40 posted on 02/21/2012 7:42:50 AM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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