The Anatomy of Bubble and Financial Instability Hypothesis
How financial bubble occurs; crucial for investors, consumers, businessmen, and other economic actors.
How financial bubble occurs; crucial for investors, consumers, businessmen, and other economic actors.
Suatu kondisi berada dalam chaos ketika sebuah aturan konvensional (conventional wisdom) tidak lagi berlaku. Suatu system disebut chaos manakala tidak dapat diprediksi sebab memiliki derajat ketidakpastian yang tinggi. Chaos adalah anti-tesis dari perilaku deterministik.
Para ekonom pintar itu seharusnya ingat ledakan bubble ekonomi Jepang tahun 1989 dan ledakan bubble ekonomi Asia tahun 1998. Kedua ledakan ini memiliki ciri yg sama: “each downturn was preceded by a period of non-inflationary growth exuberant enough to lead many commentators to suggest that a ‘new era’ had arrived.”
When you finish reading this article, you may find the reason why U.S invaded Iraq, why U.S President hate Iran and Venezuela, and why the oil price continue to soar. You may change the way you invest.