Watching this wedge of white swans
Flooding in Pakistan, picture by Reuters
Further to my Thursday post (immediately below), comments on it, and unfolding events, please access the following updates:
20 million homeless in Pakistan (Guardian)
Cholera confirmed in Pakistan flood disaster (AP)
A long view of Indus River flooding (BBC)
Heavy rains continue in China (Xinhua)
Shanghai temperature hits 104 degree F (40 degrees C) (China People’s Daily)
Yuan has biggest weekly drop in 20 months (Bloomberg)
Russian fires shrink, consequences grow (Wall Street Journal)
Russia Wheat: Drought has reduced yield by 40 percent in key production regions (USDA, 1.08 MB download)
Residents save water in wake of Ames flood (Des Moines Register)
Consolidated coverage of all Iowa flooding (Des Moines Register)
Not to be a nag, but all these situations are white — not black — swans. Each of these “natural” disasters have been amplifed by human choice. Each has — at least local and perhaps broader – catastrophic potential. Are we watching the way a white swan might evolve into a black swan?







