1708: Is Evergrande a 2008 Minsky Moment of global contagion? @LizPeek @TheHill - a podcast by John Batchelor

from 2021-09-22T01:08:24

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Photo: The Panic of 1873 was a financial crisis that triggered an economic depression in Europe and North America that lasted from 1873 to 1877 or 1879 in France and in Britain. Here:  A bank run on the Fourth National Bank No. 20 Nassau Street, New York City, from Frank Leslie's Illustrated Newspaper, 4 October 1873.



(Note: this is a Hyman Minsky moment—an economist—not Marvin Minsky, a leading AI scientist.)





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Is Evergrande a 2008 Minsky Moment of global contagion?  @LizPeek @TheHill GLXXG





https://www.smh.com.au/business/markets/chinese-property-giant-s-implosion-unsettles-vulnerable-markets-20210921-p58th5.html

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