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Renovations, the result of advance planning, are slow to respond to market upsets.
At the end of May, before current market upsets, the 48 shares in MSCI India had a total market capitalisation of $49bn £27.8bnn).
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"That's the propaganda of the Europeanists," he told me, predicting that the market upset was temporary.
Today's Wall Street Journal asks if a trade done by Universa, the hedge fund Taleb advises, sparked last Thursday's stock market upset.
For besides cover-ups, one of the other inevitable consequences of financial-market upsets is the search for scapegoats.
A basic income for all is an old idea receiving new attention because of the recent labour-market upsets.
Bremmer, who publishes articles and books at a pace with which some others tweet, is a non-partisan presence in the commentariat, known for his writings on how global emerging markets upset established political and corporate rhythms.
As the Bush Administration contemplates its next move in the global war on terrorism– one that could include an oil market-upsetting move against Iraq and struggles with reviving a sluggish economy, lifting sanctions against Libya could help with both.
The size and scope of our financial markets' upset goes beyond the $200 billion savings-and-loan disaster and the south-of-the-border lending fiasco of our reserve city banks decades ago.
"You know what happens when the market gets upset?" he said.
Worrying about the markets, however, upsets your stomach, and that isn't good for digestion.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com