Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

a sudden major collapse of asset values which is part of the credit cycle or business cycle, which will occur because long periods of prosperity lead to increasing speculation using borrowed money; named after 20th century economist Hyman Minsky

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minsky moment



The implosion of the subprime mortgage market in the US is frequently called a "Minsky moment."

—p.169 From the Rise of Finance to the Subprime Crisis (151) by Geoff Mann
notable
7 years, 4 months ago