Keep Eye on Sovereign Debt for Next Minsky Moment
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S. (Photographer: Michael Nagle/Bloomberg)

Keep Eye on Sovereign Debt for Next Minsky Moment

(Bloomberg View) -- In his theory on financial markets' fragility and instability, the late Hyman Minsky argued that "from time to time, capitalist economies exhibit inflations and debt deflations ...
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