4min chapter

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Bubble Trouble with ex-Chief Economist at Spotify Will Page and independent analyst Richard Kramer

Rocketship.fm

CHAPTER

Haman Minsky - A Stable Genius

Haman minski was an american economist. His theories about debt accumulation received revived attention in the media during the sub prime mortgage crisis of two thousand eight ski argued that a key mechanism that pushes an economy towards a crisis is an accumulation of debt by the non government sector. The title of bukenhememinski has a sub heading which says, wi stability in itself is destabilizing. When we've all got it good younow, when government budget balances are in check, markets are growing gdyps up and inflations under control. That's just an interesting way of thinking about capital markets. One of the reasons why is we have this gravitational pull towards getting ourselves stuck into bubble trouble

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