Minsky moment

English Etymology en Paul McCulley 1998, en economist Hyman Minsky = 1 1919 1996. Noun A sudden, major collapse of asset values which marks the end of the growth phase of a cycle in credit markets or business activity. en 2015 Louis-Philippe Rochon; Sergio Rossi The Encyclopedia of Central Banking Edward Elgar Publishing 9781782547440 317 https://books.google.com/books?id=6kzfBgAAQBAJ&pg=PA317&dq=%22Minsky+moment%22&hl=&cd=5&source=gbs_api#v=onepage&q=%22Minsky%20moment%22&f=false Notice, however, that some economists argued that the US subprime crisis was not a “Minsky moment” (see Davidson, 2008). Further reading en Finance