[devere]

“This guy teaches at Stern and is very well educated, but the damn website is all about the tin foil.”

You took the words out of my mouth.

The article speaks for itself, in spite of the kooky website it is on. It’s a scary article.

[jblair]

Well, its meant to be scary because he has a follow-up article on the way that might suggest an avenue to safety. I don’t have an Econ PhD, but his scenario is designed like those monster domino deals you might see on video somewhere. The description is FAR too intricate even if his assumptions are solid.

Uncertainty is abstract, and the article describes consequences very concretely. Another poster mentioned faith - behavior and belief will determine what happens.

Besides, he’s going to tell us what to do in the next installment! That said, the doom scenario is possible and the author didn’t assign any scientific-wild-ass-guess probability, so I’ll wait for part 2.