The global meltdown of the late 2000s and the day after tomorrow : a futuresque analysis

• Autorzy: Banikanta Mishra
• Języki publikacji: EN

Abstrakty

EN

Financial-market crises are not always much different from financial scams. A financial scam usually leads to wealth-transfer from a system to some persons or entities. The system may be a government, a group of people or firms, or, simply, investors-at-large. A typical example may involve dishonesty on the part of the sellers of an asset, for which the buyers suffer losses. A financial crisis, on the other hand, may involve stupidity on the part of the marketing-agents (like, say, the investment bankers or brokers), which also leads to loss for the buyers. The recent scam that started in 2007 involved both: dishonesty as well as foolishness on the part of the sellers (if not the buyers too). (fragment of text)

Słowa kluczowe

EN

Financial crisis; Financial markets

PL

Kryzys finansowy; Rynki finansowe

• Czasopismo: Journal of Management and Financial Sciences
• Rocznik: 2010
• Tom: 3
• Numer: nr 4
• Strony: 7--25

Twórcy

autor

Banikanta Mishra

• Xavier Institute of Management, Bhubaneswar, India

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