Quote by Hyman Minsky
"Minsky moments occur when the market recognizes that debt levels can no longer be sustained."
"Minsky moments occur when the market recognizes that debt levels can no longer be sustained."
"Stability is destabilizing."
"The economy is not a machine, it is an evolving complex system."
"In a world of uncertainty and changing institutions, the forward-looking behavior of economic units depends on the state of long-term expectations."
"Capitalism is a flawed system, but it is the system we have."