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Black Swan event & World Government
1 year ago
187
The black swan theory or theory of black swan events is a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight. The term is based on an ancient saying that presumed black swans did not exist, until they were discovered in Australia in 1697, and it then became reinterpreted to mean an unforeseen and consequential event. Wikipedia
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