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'Black Swan' Author Nassim Taleb Says Trump 'Behind a Debt Spiral' That Is 'Unavoidable' — 'It Is Just Fiscal Incompetence'

Oct 12, 2026 · 03:07 AM ET· updated 1h ago
'Black Swan' Author Nassim Taleb Says Trump 'Behind a Debt Spiral' That Is 'Unavoidable' — 'It Is Just Fiscal Incompetence'

Nassim Taleb said Sunday the U.S. debt spiral is unavoidable, blaming Trump and calling it fiscal incompetence, not partisan politics.

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Why It Matters

A famous investor thinks the U.S. government is spending too much money. When governments owe huge debts, it can affect bond prices and market mood.

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