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Poli Sci

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Last update by FunnelBrain on 11/05/2010
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Poli Sci
Poli Sci
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Question: Hyman Minsky: “Minsky Moment, Minsky Meltdown"
Answer: capitialism is never really stable. When conservative borrowers are out borrowed by speculative and Ponzi borrowers there is a risk of economic collapse known as the minsky meltdown.