Endogenous Instability

Financial Risk Management is strongly hindered by the conventional macro-economic vision
of the world, assuming stabilising cyclical processes, that are once in a while temporarily
taken out of equilibrium due to external shocks. Reality is much more hectic and has more
similarities with debt-driven instability created from within the economy. This results in much
more severe market crashes and deeper depressions than conventional theory teaches us. This
is the theory of Endogenous Instability.


Please leave this field empty.