The Beginning of the Next Financial Crisis

Started by The Minsky Moment, March 02, 2017, 04:40:32 PM

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DGuller

I think one possibility that Minsky is not considering is that things are different this time.

CountDeMoney

What, that with a new President there's a different kind of greed now?

dps

Quote from: CountDeMoney on March 04, 2017, 04:29:44 PM
What, that with a new President there's a different kind of greed now?

It'll be the biggest greed ever!

CountDeMoney


MadImmortalMan

Quote from: DGuller on March 04, 2017, 04:07:59 PM
I think one possibility that Minsky is not considering is that things are different this time.

Because Minsky isn't a retard.

It's never different this time.
"Stability is destabilizing." --Hyman Minsky

"Complacency can be a self-denying prophecy."
"We have nothing to fear but lack of fear itself." --Larry Summers

The Minsky Moment

Quote from: DGuller on March 04, 2017, 04:07:59 PM
I think one possibility that Minsky is not considering is that things are different this time.

Aren't they always? ;)
We have, accordingly, always had plenty of excellent lawyers, though we often had to do without even tolerable administrators, and seen destined to endure the inconvenience of hereafter doing without any constructive statesmen at all.
--Woodrow Wilson

crazy canuck

Quote from: The Minsky Moment on March 15, 2017, 03:18:47 PM
Quote from: DGuller on March 04, 2017, 04:07:59 PM
I think one possibility that Minsky is not considering is that things are different this time.

Aren't they always? ;)

Yes, everytime I am a bit older.