Dad spent 3 years in the Peace Corps in India helping the poor in the 60s. It's my #1 country to visit if I ever get out of the States. "Beauty in the eye of the beholder."
You can't predict the Black Swan event, but you can predict that there will be a Black Swan event. There's a lot of ways to insure yourself against that, some very simple. I don't understand what that has to do with TA.
And if it's rain that can ruin your portfolio, you bring an umbrella. Or, to not exhaust the metaphors, buy options, don't hold overnight, etc. I'm not sure what OP's point is.