Mises Wire
Author:
Daniel Fernández Méndez
Online Publish Date:
More and more economists and finance specialists are warning of the potential arrival of a new “Minsky moment.” The last time this term was used with such conviction was in 2008 at the onset of the Great Recession. It seems that 2021–22 could have some parallels with the world’s last severe recession. The Twenty-First Century: The Century of Debt