25.03.2020 - Comments
Economists use the vocabulary of epidemiologists to describe financial market bubbles. A new idea or innovation "infects the market participants", investors are "infected" by greed and the "fever" spreads. If the illusion bursts, investors are "cured" for the time being. The course of the price curve in a bubble is similar to the bell curve in a classic infection model.
19.03.2020 - Macroeconomics
18.03.2020 - Global economy
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