Now, with no one ruling out a default or downgrade of US Treasury debt, investors face a new kind of threat: what we will call the neon swan, an event that is unthinkably rare, immensely important and ...
Investors have grown increasingly nervous about the chance of a U.S. debt default in recent weeks, with one analyst describing a potential default as a 'neon swan' event. First coined by author Nassim ...
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