Parramatta Stadium Rebuild and other stuff

[Poupou Escobar]

Well inflation hasn't been a problem for the past decade. We are whinging about this year aren't we?

 

[Gronk]

Well inflation hasn't been a problem for the past decade. We are whinging about this year aren't we?

GFC and covid are termed "Black Swan" events by economists. Unforeseen speed humps.

 

[Poupou Escobar]

Is it possible they are increasing in frequency? The author of the Black Swan seemed to think so and cited technology and globalisation as the drivers. Look at the very recent Crowdstrike outage. This cloud security product is considered best practice for businesses that want to outsource much of their risk management, and it's become a widespread single point of failure. Expect more of this in the future as things are increasingly centralised. In short, what is a 'black swan event' to the turkey is no surprise to the butcher. Don't be the turkey.