RE: A Huge Market Crash Flag Has Been Raised

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A Huge Market Crash Flag Has Been Raised

in economics •  7 years ago 

Yes his theory of "reflexivity" posits that agents create market realities and markets veer between booms and busts. Signaling his short and then having the herding effect take hold would make the crash a self-fulfilling phenomenon as you correctly point out.

economics
7 years ago by

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      ·  7 years ago 

    Quite possibly the best first post ever :)

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