5 ms·
Plenty of black swans occur when dictatorship is the regime. - assassination of dictator => internal turmoil - early death of dictator => internal turmoil -
by jonathannat 6y ago
Plenty of black swans occur when dictatorship is the regime.
- assassination of dictator => internal turmoil
- early death of dictator => internal turmoil
- scuffle with neighboring country => economic sanctions by the free world
- dictator can't lose face, does something stupid => economic sanctions by the free world
- (Germany, Merkel, CDU) support for the dictator wanes and disappears => economic sanctions by the free world
- local governments cover up economic losses until its too great => hyperinflation, central government collapse
- triggering business defaults leading to dollar shortages leading to faster capital outflow => hyperinflation, central government collapse
- made up economic numbers are exposed => foreign businesses pull out
- nationalization of foreign companies assets => foreign businesses pull out
- natural disasters + lack of food supply => citizen riot
- oblio 6y agoMany of those things apply to democracies, too, unfortunately.