The Fundamental Instability of Capitalism is Upwards

Summary
In re-reading Minsky’s fabulous book of essays, “Can It Happen Again”, which deals with the possibility of another Great Depression, I came across this excellent quote which I think conveys a truth that investors need to remember: “The fundamental instability of capitalism is upwards. “

Content on this page is restricted to site members.

To become a member: click here to Subscribe Now!

Existing Users Login
Username
Password
 
  [forgot password?]

Comments