Author: Hivelr Economics Review

A destructive economic phenomenon characterized by soaring prices, eroded purchasing power, and economic instability.

Rapid price appreciation, increased trading volume, and excessive optimism can provide warning signs for an asset bubble.

The crisis reshaped global geopolitics, underscoring the influence of oil-producing nations and prompting countries to consider geopolitical factors in their energy policies.

The Asian financial crisis of the late 1990s exposed vulnerabilities, prompting reforms in financial systems, governance, and economic models.

MMT challenges traditional economic views, emphasizing currency sovereignty, fiscal policy, and the role of government in managing the economy.

Emphasizing the role of government intervention in managing aggregate demand and promoting economic stability through fiscal policy.

Failure to raise debt ceiling can harm the economy. Democrats and Republicans have been contentious.

The global bond market is estimated to be around $128 trillion USD in size, comprising various debt securities issued by governments, corporations, and other entities. It remains an important source of financing for governments and corporations, playing a crucial role in the global economy.

Banking crises have provided valuable lessons for promoting financial stability and preventing future crises.

The fractional reserve system stimulates lending and economic growth, but carries inherent risks of inflation and financial instability.