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CBS talking head floats the possibility of a 'black swan event' in 2024
The Blaze ^ | December 26, 2023 | Joseph Mackinnon

Posted on 12/26/2023 3:51:37 PM PST by Twotone

CBS News' "Face the Nation" held a roundtable on Christmas Eve, affording various talking heads an opportunity to make predictions for 2024. While most of the predictions were relatively banal, one among them stood out, prompting critics to puzzle over its possible significance.

Network correspondent Catherine Herridge, the wife of a lieutenant colonel in the U.S. Air Force, suggested that "2024 may be the year of a black swan event. This is a national security event with high impact that's very hard to predict."

Statistician and former options trader Nassim Nicholas Taleb popularized the term "black swan event" in his 2007 book "The Black Swan."

Taleb defined the term thusly: "First, it is an outlier, as it lies outside the realm of regular expectations, because nothing in the past can convincingly point to its possibility. Second, it carries an extreme impact. Third, in spite of its outlier status, human nature makes us concoct explanations for its occurrence after the fact, making it explainable and predictable."

The Sept. 11, 2001, terrorist attacks, the rise of the internet, the personal computer, the breakdown of the Soviet Union, and the Pacific tsunami of December 2004 apparently qualify as black swan events. According to Taleb, the term is not, however, a catch-all term for "any bad thing that surprises us."

For instance, the statistician told the New Yorker that the COVID-19 pandemic was not a black swan event because it had been wholly predictable.

Herridge told the other CBS News panelists Sunday there were a number of concerns that factored into her "dark" prediction, including that "this sort of enduring heightened threat level that we're facing, the wars in Israel, also Ukraine, and we're so divided in this country in ways that we haven't seen before. And I think that just creates fertile ground for our adversaries like North Korea and China and Iran."

The three regimes Herridge referenced have all expressed anti-U.S. sentiment in recent months and evidenced the wherewithal to adversely impact American interests.

China, which continues to deepen its ties with Russia and seeks to displace the U.S. on the world stage by 2049, has grown increasingly antagonistic toward the United States in recent years. The communist regime has subjected Americans to intimidation and coercion campaigns on U.S. soil; aerial threats by People's Liberation Army fighter jets; bombastic threats over political visits to Taiwan; espionage and political destabilization efforts by communist agents; a deadly influx of fentanyl via its informal Mexican cartel partners; and hacking campaigns.

North Korea's communist regime threatened to pre-emptively launch a nuclear strike on rivals after conducting an intercontinental ballistic missile test earlier this month, reported the Associated Press.

Iran threatened last week to seal off the Mediterranean Sea if the U.S. and Israel continue to commit so-called "crimes" in Gaza.

Instigation of a negative impactful event by one or more of the hostile nations identified by Herridge would not be wholly unpredictable, meaning — according to Taleb's definition — such would not qualify as a black swan event.

Despite Herridge's allusions to the anti-American triad, some critics on X suggested that the CBS correspondent was simply priming the pump regarding a predictable election-year event that might preclude former President Donald Trump from possibly retaking office.

CBS News correspondent Robert Costa, also on the panel, left little up to the imagination, following Herridge's prediction with the suggestion that the GOP might face a crisis if Trump is convicted of a federal crime. Another panelist piled on by suggesting the Supreme Court "is not going to save Donald Trump from the criminal trial."

The moderator for the CBS panel, Margaret Brennan, wrapped up the roundtable conjectures by stating, "Anyone who tells you what is going to happen with this election and how it's going to play out over the next year is selling you something because there are just so many different variables that all of us are tracking, and all of us are weighing. … But it's also why none of us will sleep very much in the next few months."


TOPICS:
KEYWORDS: 2008; 2024; 2024election; blackswan; blackswanevent; brennan; catherineherridge; donatefreerepublic; herridge; joindu; margaretbrennan; predictions; stockmarket
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1 posted on 12/26/2023 3:51:37 PM PST by Twotone
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To: Twotone
For instance, the statistician told the New Yorker that the COVID-19 pandemic was not a black swan event because it had been wholly predictable.

Awfully interesting thing to say.

2 posted on 12/26/2023 3:54:19 PM PST by Lazamataz (In order to prevent tyranny, Democrats have decided who I can and cannot vote for.)
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To: Twotone

What they’re really saying is:

Never fail to create a stupendous, unprecedented crisis when one appears to be needed to prevent Trump from returning to office.


3 posted on 12/26/2023 3:55:01 PM PST by one guy in new jersey
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To: Twotone

Biden was a black swan event.

Herridge knows people in the Pentagon.


4 posted on 12/26/2023 3:57:20 PM PST by Bonemaker (invictus maneo)
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To: Lazamataz

With all that’s going on these days, I’d be surprised if there WASN’T a black swan event in 2024.


5 posted on 12/26/2023 3:58:50 PM PST by Twotone (I used to worry there'd be a civil war. Now I worry there won't be. - Mark Steyn)
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To: Twotone

If Trump appears to have the 2024 election in the bag, you can be sure there will be a black swan event, an October surprise to beat all previous October surprises.

Guaranteed, you betcha.


6 posted on 12/26/2023 4:00:07 PM PST by Leaning Right (The steal is real.)
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To: Twotone

Well there’s the windup!


7 posted on 12/26/2023 4:00:28 PM PST by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this💩? 🚫💉! 🇮🇱👍!)
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To: Twotone
The Sept. 11, 2001, terrorist attacks, the rise of the internet, the personal computer, the breakdown of the Soviet Union, and the Pacific tsunami of December 2004 apparently qualify as black swan events.

The rise of the Internet and the personal computer were not "Black Swan Events", they unfolded over years, and businesses and pundits and fiction writers foresaw most of the aspects of both.

President Reagan accurately predicted the breakdown of the Soviet Union.

I would think something along the lines of the Bear-Stearns collapse followed by a lot bank bailouts would come closer, as the U.S. response to bank failures had never been that massive. Ditto covid. We have had worse pandemics without the craziness that Covid entailed, largely because doctors and scientists had never been so politicized before.
8 posted on 12/26/2023 4:00:43 PM PST by Dr. Sivana ("If you can’t say something nice . . . say the Rosary." [Red Badger])
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To: Leaning Right; Twotone

That won’t be a Black Swan event, that will be a conspiracy and a continuation of the coup that started when PJDT announced his candidacy.


9 posted on 12/26/2023 4:03:16 PM PST by Eagles6 (Welcome to the Matrix . Orwell's "1984" was a warning, not an instruction manual.)
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To: Twotone

RE: This is a national security event with high impact that’s very hard to predict.

That sounds like the “fortune tellers” who look for cues in the mark after making innocuous and vague comments.

I tend to think some people stumble onto true predictions.
Most do not.

A guy I don’t respect was on Coast to Coast and was genuinely out of touch with politics and sort of stupid sounding was asked a couple of months ago to predict about politics and wasn’t aware there is a blockbuster election in Nov.,2024. He said he felt a female influence coming upward. Host: “That has to mean Nikki Haley.” “Who?” “She’s the only major candidate who is a woman.” But the guy said Trump was not going to be there to be elected. God forbid he’s right.

A more respectable one on the same show in mid 2019 said unlike his yearly prediction as a guest there was something extremely black coming, so dark he didn’t want to discuss it. Noory (host): “A world war? An assassination before the election?” “No, something else terrible I won’t get into. It will drag all of us down.”
((Then came Covid, lockdowns, jabs and mega deaths plus the drop of the good economy to hurt Trump.))


10 posted on 12/26/2023 4:07:12 PM PST by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
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To: Dr. Sivana

2008 when “someone” (Soros) withdrew 500 BILLION from the money markets in the soace of 2 hours, thus kicking off the 2008 financial meltdown.
I remember Bush talking about the financial attack on the U.S. and then it getting hushed up.


11 posted on 12/26/2023 4:10:29 PM PST by Darksheare (Those who support liberal "Republicans" summarily support every action by same. )
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To: Twotone

Only God Almighty knows the future.


12 posted on 12/26/2023 4:13:16 PM PST by No name given (Anonymous is who you’ll know me as)
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To: Twotone

White House Down


13 posted on 12/26/2023 4:17:10 PM PST by TornadoAlley3 ( I'm Proud To Be An Okie From Muskogee)
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To: Twotone
Some possible "black swan" events:

  1. Biden dies or becomes severely incapacitated.
  2. President Trump is assassinated.
  3. Putin dies.
  4. A terrorist event occurs (dirty bomb, multiple arson, armed rampage) in a major city (Miami, Los Angeles, Boston, New York City, Houston, DC).
  5. China invades Taiwan during the general election (Biden paralyzed by election impact).
  6. Stock market collapses.
  7. Illegal immigrants organize and march on Washington DC and the Capitol, just like J6.
  8. Great Britain majority Muslims overthrow the monarchy.
  9. Iran nukes Tel Aviv.

  10. Israel nukes Mecca.
-PJ
14 posted on 12/26/2023 4:23:24 PM PST by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
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To: Leaning Right

Off Topic:
“..you betcha!..”

That phrase reminded me of Sarah Palin.
I miss hearing about her politically views.
Unfortunately, I don’t think Sarah has many (Power-Broker) allies in either side of the aisle. The weird/stupid antics of her two eldest children became a albatross made of gossip and distraction.

If someone at Fox News brought her name up for a possible news special, Paul Ryan would begin to stutter again from the stress.


15 posted on 12/26/2023 4:43:04 PM PST by lee martell
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To: Twotone

On PJ Media, there’s an article about Zuckerberg and Oprah building huge underground compounds in Hawaii. Gates is also said to have a compound somewhere. Are they planning something for the rest of us? Are they about to take direct action on their de-population schemes?


16 posted on 12/26/2023 4:43:22 PM PST by Steve_Seattle
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To: Political Junkie Too

I pick all except 3,7 and 10...The odds are looking good these may well happen. 7 May happen but it will be in all the major Blue cities..Not Washington DC.


17 posted on 12/26/2023 4:44:32 PM PST by dpetty121263
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To: Political Junkie Too

If #9 happens, Sampson option will be unleashed. Hundreds of millions of muj will die.


18 posted on 12/26/2023 4:46:15 PM PST by Levy78 (Reject modernity, embrace tradition. )
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To: Steve_Seattle

In a world where a nuclear armed nation can launch a holocaust, if you have the money you need a bunker. Pakistan, India, North Korea, Iran, Russia, France & Great Britain can start a global thermonuclear war at any time.


19 posted on 12/26/2023 4:47:43 PM PST by Pol-92064
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To: Twotone

Black Swan Event, difficult to predict? Well when the Black Swan Event is man made then yep, only a few knew it was arranged……


20 posted on 12/26/2023 4:55:46 PM PST by Lockbox (politicians, they all seemed like game show hosts to me.... Sting…)
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