35sec snip

The Great Simplification with Nate Hagens cover image

Nate Hagens: "Episode 100 - The Great Simplification” (Interviewed by Kate Raworth)

The Great Simplification with Nate Hagens

NOTE

The Minsky Moment and Credit Crisis

A Minsky Moment represents a critical point in a credit crisis where increasing credit fails to stabilize the situation, as trust evaporates among market participants. At this juncture, widespread recognition of the crisis ensues, leading to a mass exodus from investment. Despite the current market nearing new highs and continued access to credit, an underlying anxiety prevails, with individuals acutely aware of the potential for a sudden downfall, likening their optimistic activities to dancing perilously close to exits.

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