Catching Up With Taleb: "Every Single Human Being" Should Short US Treasuries (VIDEO)

Video:  Nassim Taleb and Hugh Hendry offer their investment outlook.

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Nassim Nicholas Taleb, author of “The Black Swan,” said “every single human being” should bet U.S. Treasury bonds will decline, citing the policies of Federal Reserve Chairman Ben S. Bernanke and the Obama administration.

It’s “a no brainer” to sell short Treasuries, Taleb, a principal at Universa Investments LP in Santa Monica, California, said at a conference in Moscow today. “Every single human being should have that trade.”

“Deficits are like putting dynamite in the hands of children,” Taleb said in an interview with Bloomberg Television. “They can get out of control very quickly.”

“The problem we have in the United States, the level of debt is still very high and being converted to government debt,” Taleb said in an interview with Bloomberg Television. “We are worse-off today than we were last year. In the United States and in Europe, you have fewer people employed and a larger amount of debt.”

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Comments

[Benny and the Talibanks]

I'm shorting every imcumbent. We're coming F or you Barbara "Traitor" Boxer, Dianne Feinstein and John "Bailout" Campbell.

[RecoverylessRecovery]

According to Paul Krugman's (aka Dr Knownothing) recent article in the NYT: "Fiscal scare tactics', investors worldwide are FLOCKING to U.S. bonds. Krugman also suggests that America's economic woes are being exaggerated just like Saddam's WMD's were once exaggerated.

Which leads me to the following question regarding Paul Krugman: How the fuck did an idiot capable of publicly comparing a political LIE to a economic FACT ever win a goddamn Nobel prize in economics?