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Why an economy crashes

Why an economy crashes

Ratings: (0)|Views: 697|Likes:
Published by profile987
Minsky, Debt, Total debt to GDP, Euro, Money printing, Financial Crisis, Germany, Leverage, Fractional Reserve, Credit, Deposit Money, excessive financial speculation, credit bubble, Federal Reserve System
Minsky, Debt, Total debt to GDP, Euro, Money printing, Financial Crisis, Germany, Leverage, Fractional Reserve, Credit, Deposit Money, excessive financial speculation, credit bubble, Federal Reserve System

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categoriesBusiness/Law
Published by: profile987 on Jan 17, 2012
Copyright:Attribution Non-commercial

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12/21/2012

 
Why an economycrashes
Debt does matter
“Only two things are infinite, theuniverse and human stupidity, and I'm not sure about the former”  Albert Einstein, Physicis
 
Agenda
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Introduction
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Business Cycle
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Q&A
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Outlook
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Gold Bubble
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Recommendedreadings
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Introduction
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The purposeof thispresentationis to giveyou a basic idea of the forcesthatcausesbooms and busts.
o
Actually it does not take much to crash any economy. All youneed is:
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a fractional reserve system,
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low interest rates,
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deregulation,
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financial innovations and most important
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the common belief inever-risingasset prices “because this time isdifferent
” 
.
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When these inputs come together you get a perfect storm
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