I was recently alerted to an article in Business Insider regarding a Twitter battle between Nasim Taleb and fellow academics, analysts and financial journalists. What caught my attention was:
- Taleb called out the academics for charlatans, which I felt was quite bold.
- Two, I agree with him
- One of the academics, who presided over the US bubble at the Fed AND the Irish banking bubble at the Central Bank of Ireland is also the guy whose proclamations are the antithesis of my recent Irish banking research, see
- As Forewarned, The Irish Savers Have Just Been "Cyprus'd", And There's MUCH MORE "Cyprusing" To Come [9]
- What Should The US Do If One Of The Biggest Banks In Ireland Blatantly Defrauded US Investors? [10]
- If I Provide Proof That The Entire Irish Banking System Is A Sham, Does It Set Up A Much Needed System Reboot? Let's Go For It... [11]
I attempted to join the conversation, albeit a little late. See below...
Hey @nntaleb [12] @jsphctrl [13] @dsquareddigest [14] @jsphctrl [13] @lorcanrk [15] @dsquareddigest [14] let's chat, starting with boombustblog.com/blog/item/9067… [16] real talk not BS
— ReggieMiddleton (@ReggieMiddleton) April 25, 2013 [17]
@nntaleb [12] @jsphctrl [13] @dsquareddigest [14] @jsphctrl [13] @lorcanrk [15] @dsquareddigest [14] challenge mighty PhDs w/lowly BA, my credentials boombustblog.com/reggie-in-the-… [18]
— ReggieMiddleton (@ReggieMiddleton) April 25, 2013 [19]
@jsphctrl [13] @dsquareddigest [14] @jsphctrl [13] @lorcanrk [15] @dsquareddigest [14] So, I join tag team match on @nntaleb [12] side let's dance boombustblog.com/reggie-in-the-… [18]
— ReggieMiddleton (@ReggieMiddleton) April 25, 2013 [20]
As you can see, nobody wanted to chat with me, so the following day (this morning), I decided to force the issue with a barage of facts. You know how facts tend to get in the way of a good Twitter flame war, don't you?
@nntaleb [12] @jsphctrl [13] @mandycnbc [21] @sullycnbc [22] @cnbc [23] renown for Irish econ @whelankarl [24] says Ireland rebound? Facts disagree boombustblog.com/blog/item/9046… [25]
— ReggieMiddleton (@ReggieMiddleton) April 26, 2013 [26]
@nntaleb [12] @jsphctrl [13] @mandycnbc [21] @sullycnbc [22] @cnbc [23] @whelankarl [24] I ask MSM 2 FORCE TRACK RECORDS 2 FOREFRONT! not PhD but boombustblog.com/reggie-in-the-… [18]
— ReggieMiddleton (@ReggieMiddleton) April 26, 2013 [27]
If media pundits and government/Central Bank consultants were gauged (and paid) based upon thier track records and successes, methinks this would be a better world to live in.
@nntaleb [12] @jsphctrl [13] @mandycnbc [21] @sullycnbc [22] @cnbc [23] I respectfully challenge @whelankarl [24] to address Irish banks reporting boombustblog.com/blog/item/9063… [28]
— ReggieMiddleton (@ReggieMiddleton) April 26, 2013 [29]
@mandycnbc [21] @sullycnbc [22] @cnbc [23] New Theme! Banks BURN as parlor tricks turn to fraud? ie. sloppy reporting, hide/sausage boombustblog.com/blog/item/9066… [30]?
— ReggieMiddleton (@ReggieMiddleton) April 26, 2013 [31]
@whelankarl [24] @nntaleb [12] @jsphctrl [13] @mandycnbc [21] @sullycnbc [22] @cnbc [23] really wanted to debate academics vs reality so I guess I have to force the topic
— ReggieMiddleton (@ReggieMiddleton) April 26, 2013 [32]
@nntaleb [12] @jsphctrl [13] @mandycnbc [21] @sullycnbc [22] @cnbc [23] all due respect @whelankarl [24] track record=bursting bubbles everywhere! Fed pre .com, banks!
— ReggieMiddleton (@ReggieMiddleton) April 26, 2013 [33]
@nntaleb [12] @jsphctrl [13] @mandycnbc [21] @sullycnbc [22] @cnbc [23] Re: @whelankarl [24] it could be bad luck, but it appears academic leaning collides with prudence
— ReggieMiddleton (@ReggieMiddleton) April 26, 2013 [34]
@jsphctrl [13] @mandycnbc [21] @sullycnbc [22] @cnbc [23] debate @nntaleb [12] & @whelankarl [24] shows Taleb with an unassailable point, academics not=to being right!
— ReggieMiddleton (@ReggieMiddleton) April 26, 2013 [35]
@nntaleb [12] @jsphctrl [13] @mandycnbc [21] @sullycnbc [22] @cnbc [23] If results carried more weight than degrees then @whelankarl [24] claim of Ireland collapse market
— ReggieMiddleton (@ReggieMiddleton) April 26, 2013 [36]
@nntaleb [12] @jsphctrl [13] @mandycnbc [21] @sullycnbc [22] @cnbc [23] @whelankarl [24]I send these series of tweets with the utmost respect & don't intend to be rude
— ReggieMiddleton (@ReggieMiddleton) April 26, 2013 [37]
@nntaleb [12] @jsphctrl [13] @mandycnbc [21] @sullycnbc [22] @cnbc [23] I respectfully challenge @whelankarl [24] to address Irish banks reporting boombustblog.com/blog/item/9063… [28]
— ReggieMiddleton (@ReggieMiddleton) April 26, 2013 [29]
@nntaleb [12] @jsphctrl [13] @mandycnbc [21] @sullycnbc [22] @cnbc [23] since I was respectful+evidentiary, we assume silence=acquiescence on part of @whelankarl [24], ok
— ReggieMiddleton (@ReggieMiddleton) April 26, 2013 [38]
Well, I haven't heard back from the man thus far, so....
@nntaleb [12] @jsphctrl [13] @dsquareddigest [14] @jsphctrl [13] @lorcanrk [15] @dsquareddigest [14] nothing scream credentials better than results boombustblog.com/reggie-in-the-… [18]
— ReggieMiddleton (@ReggieMiddleton) April 25, 2013 [39]
@nntaleb [12] @jsphctrl [13] @mandycnbc [21] @sullycnbc [22] @cnbc [23] 1 more thing, respectfully challenge @whelankarl [24] to address this video youtube.com/watch?v=7gwCdg… [40]
— ReggieMiddleton (@ReggieMiddleton) April 26, 2013 [41]