The Financial Instability Hypothesis Revisited

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Submitted by moneysage on Sun, 10/19/2008 - 16:40.

Today we wish to review the financial instability hypothesis, in light of current and prospective developments in the banking system and the credit markets.

We have, of course, written about the Minsky/Fisher financial instability model before, but we think that an update is now in order.

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The Financial Instability Hypothesis Revisited

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