Nassim Taleb believes we have never had markets as "artificial" as what we have today. The constant government intervention in the markets has not allowed the markets to cure the problems we were faced with five years ago.
- We still have too much debt globally.
- The same people who got us into the mess are still running around making decisions.
Taleb thinks the Obama administration has done nothing to improve the situation it inherited.
Taleb has gone long volatility for downside protection and owns stocks for lack of better alternatives.