Geoeconomics

And the 10 Trillion Dollar Blind Spot By Manoel Lucas Marthos | SINAL E VALOR We are witnessing the end of a statistical illusion. For the past decades, the global financial market operated under a long period of artificial calm, driven by cheap energy, unhindered global supply chains, and the infinite injection of liquidity by … Read more

Hyman Minsky’s Financial Instability Hypothesis (FIH). It is not a matter of “individual greed” or the “bad character of bankers and speculators,” as simplistic headlines always sell it. It is a systemic, collective, and coercive process — a true “social fact” in the Durkheimian sense. 1. The three types of financing (Minsky’s “units”) Minsky does … Read more