‘Black Swan’ Volcano Offers Three Simple Lessons: Matthew Lynn

BusinessWeek (Apr 20 2010)

1. For a generation or more, no one ever gave a second thought to Iceland. Now it has shaken up the world twice in a couple of years. First its banks collapsed in the most dramatic illustration of the fragility of our financial system. Now an Icelandic volcano is spewing ash into the sky, prompting a shutdown of European airspace. The continent is paralyzed. Planes are grounded. Travelers are stuck thousands of miles from their families and workplaces. Business is grinding to a halt. (Read Full Article)

   Bookmark or Share this article

Login to comment.