Nassim Nicholas Taleb (@nntaleb) 's Twitter Profile
Nassim Nicholas Taleb

@nntaleb

Flaneur: probability (philosophy), probability (mathematics), probability (real life),Phoenician wine, deadlifts & dead languages. Greco-Levantine.Canaan. #RWRI

ID: 381289719

linkhttps://www.amazon.com/Statistical-Consequences-Fat-Tails-Preasymptotics/dp/B0CD8X5YC5/ref=sr_1_1?ke calendar_today28-09-2011 02:19:07

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For a good sold in the US for $100, ~$12 go to China (base for tarrif). The rest, $88 for the design + shipping + wholesale + retail + branding, etc. go to US taxpayers! If demand for it drops by 50%, China loses $6 and US agents more than $44, that is 7x more contraction.