The black swan theory is a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight. The theory was developed by Nassim Nicholas Taleb.

I am at war. Against Russian winds, contrary generals and incompetent ministers.
Russia was plunged into a crisis when the leader of the country’s biggest mercenary army Wagner, Yevgeniy Prigozhin, declared to have mobilized 25,000 of the […]