George Soros on Boom & Bust Sequence

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by Lucas   ·  July 4, 2024   ·  

In the realm of economic cycles, the boom/bust sequence is a well-recognized phenomenon, characterized by periods of rapid economic growth followed by periods of contraction. This perspective highlights several key aspects of economic cycles: Uncertainty and Indeterminacy: The boom/bust sequence is not a deterministic process. Various unpredictable factors, including market sentiment, geopolitical events, and technological breakthroughs, can ...