Press Releases | January 2008

Subprime Mortgage Crisis Could Trigger Full-Scale Debt Deflation if Housing Prices Continue to Fall

New Study from Levy Economics Institute Urges Banking Reforms, Says Current Credit Crunch Differs from Traditional “Minsky” Crisis
Mark Primoff

Publication Highlight

Working Paper No. 892
Understanding Financialization
Standing on the Shoulders of Minsky
Author(s): Charles J. Whalen
June 2017

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