Why the Author of "The Black Swan" is "Extremely Bearish"

The author of “The Black Swan,” Nassim Nicholas Taleb,said today that he's concerned budget deficits in the U.S. are spiraling out of control and may now represent a bigger problem than in countries such as Greece, according to an important Bloomberg report.“The U.S. is probably the worst of all,” Taleb told Canada's BNN television network in an interview today. “They are addicted to debt. We have an administration that, unlike the European administrations, is not aware of the risks of mounting deficits, of the addiction to public deficits and to big government.” Taleb told the cable network, “People are complaining about Greece, but Greece has the IMF putting some discipline in their system. Who can discipline the U.S. government?”