The Role of Accumulation Trends in the Financial Crisis
by
Ascension Mejorado, Manuel Roman
Language: English
Release Date: October 23, 2013
From the mid-1980s, investors in the US increasingly directed capital towards the financial sector at the expense of non-financial sectors, lured by the perception of higher profits. This flow of capital inflated asset prices, creating the stock market and housing bubbles which burst when the imbalance...