WHAT ARE THE FEATURES OF THE NEXT BLACK SWAN

The premise is a must: if you can figure out the essential points of the next black swan, it's because there's not a damn thing "black swan" (i.e., unexpected event) about it. 😁

But enough chit-chat. Let's move on to understanding what the necessary characteristics of the next (in every sense 😂) adverse event will have to be:

1. it'll have to be a swan 😂 that generates the biggest consequences in Europe;

2. it'll have to be a swan that forces savings to wake up from hibernation, as Ms. Ursula so aptly suggested, wonderful forecaster that she is;

3. it'll have to be a swan that brings down the European currency;

4. it'll have to be a swan that gives us an enemy to pin all the blame on 😂 (as the good-old-scoundrel playbook demands);

5. it'll have to be a swan that lets us breathe a sigh of relief, with the war in Ukraine ending (even if, practically speaking, we'll have lost everything, or nearly);

6. it'll have to be a swan that, regardless, puts us in a position to demand more defense (and therefore rearmament);

7. it'll have to be a swan that leads us to buy American goods and, therefore, to prop up US public debt, abandoned by the Japanese samurai, screwed over for years, but always respectful of their roles (as geishas to the United States);

8. it'll have to be a swan that pushes us into the crypto world, with which we'll prop up US debt;

9. it'll have to be a swan that gets the Clarity Act passed, or that comes right on the heels of the Clarity Act;

10. without trying to play fortune-teller at all costs, the speed at which US bonds are rising is "pretty" worrying: new cows are urgently needed for milking (after the respectful samurai). So it'll have to be a swan that isn't too far off in time.