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‘Minsky Second’ Hangs Over World Swimming in Debt: QuickTake Q&A

by Index Investing News
March 19, 2022
in Financial
Reading Time: 1 min read
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(Bloomberg) — The mere point out of a “Minsky second” — a sudden crash of markets and economies which are hooked on debt — is sufficient to ship shudders by coverage makers. The speculation stems from the work of Hyman Minsky, a U.S. economist who specialised in how extreme borrowing fuels monetary instability. Document debt ranges world wide, coupled with sky-high monetary market valuations, have stored Minsky’s idea outstanding, dr…



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