Nassim Nicholas Taleb, who wrote the book The Black Swan about unpredictable events, is worried about the role of the U.S. dollar in global finance.
His concern over the dollar stems from Western sanctions that froze Russian assets after Vladimir Putin ordered the invasion of Ukraine in 2022. In an interview on Bloomberg TV on Friday, he called the move a “confiscation” and said it’s one of the top two biggest financial mistakes in the 21st century.
