Stock Market Boom-Crash: Cause and Effect | EconMatters
ByWim GrommenThis article explains, based on transition properties, why a stock market boom occurs during the acceleration phase of a transition, inevitably followed by a stock market crash in the stabilization phase of a transition.TransitionsEvery production phase, civilization or other human invention goes through a so called transformation process. Transitions are social transformation processes that cover at least one generation. […]