Skip to main content
0
Search products
Search
Mugs
Tees
Hoodies
Search products
Search
Chat
Share
Free Shipping
Menu
Mugs
Tees
Hoodies
Back to urbandictionary.com
Pro Customization
Create unique products with your own words and definitions
Preview
Personalize Your Design
Your Word
Your Definition
(ECONOMICS) a shock to the industrial system caused by massive errors in investment decisions. In essence, financial crises are failures of the capital markets (stock exchanges, etc.) to do their job. In the lead-up to a financial crisis, money entrusted to capital managers to invest is spent instead on bolstering the plutonomy. Then, when those same capital managers are overleveraged, it becomes obvious that the economy has been producing the wrong stuff; its corporations are therefore worth a lot less than everyone had supposed they were. Then people sell their shares of stock, causing a liquidity crisis for many firms, which react by firing people and dumping anything of value at reduced prices. This requires a lot of expensive genius to do well.
Text fits
Save
Cancel
🤖
Shopping Assistant
Online
Hey! 👋 I'm your shopping assistant. What are you looking for?
Ask about products
AI-generated responses. Verify claims.