Nassim Taleb: "The Tumor Is Bigger"

Nassim Taleb, the visionary who wrote the book "The Black Swan" before the Credit Crash heard around the world, is back after a one year layoff. Taleb has been writing a new book. And now he tells us things are worse than ever before.

Taleb thinks we are heading for a hyper-inflationary world. He says all we've done is taken private debt and turned it into public debt, and everytime that has happened in History, all ends in disaster.

This is a ten minute video interview which will raise the hairs on your arms:
Taleb says what we need to do to correct our way is "Blood, sweat and tears." Or force our democracies into austerity as we've just forced upon the Greeks.