Quote:
Originally Posted by TakeFive
What could possibly go wrong?
A Black Swan event is by definition impossible to predict.
One potential example would be if there was a collapse in confidence over sovereign debt. Even the most prosperous country in the world is now printing a trillion $'s in annual red ink. While I don't ascribe to the ZeroHedge crowd conspiracies it's reasonable to wonder about the potential risk.
A Gray Swan can be unexpected like the coronavirus which can have more short term negative impacts of lesser consequence.
What if the copious amounts of Venture Capital suddenly dried up or just petered out. That would likely take the froth out of things. Tech jobs, instead of being high-paying could become more back-office support type at a reduced pay level. This would have a ripple affect on the overall economy.
Specific to metro Denver, politics could create too big a burden for businesses that they stop coming. This wouldn't happen overnight; instead it would play out over many years.
Gray Swans aren't obvious until they happen but at some point the party tray will be taken away.
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Is this some sort of elaborate performance art?