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Just finished writing my section on #Europe for the Q4 Outlook, during the process I reread some of my older sections...This one stood out as worth revisiting not just in the context of Europe but for its broader applications...#Systems #Fragility #GlobalTrends (1/7) 
2/7 "Fragility is quite measureable, risk not so at all, particularly risk associated with rare events." - NN Taleb #Risk #Fragility #Systems
3/7 "Complex systems that have artificially suppressed volatility tend to become extremely fragile, while at the same time exhibiting no visible risks. In fact, they tend to be too calm & exhibit minimal variability as silent risks accumulate beneath the surface." - Taleb/Blythe
