Economist Minsky argued that financial markets are always subject to periodic speculation that ultimately leads to major crises. In reality, all governments aim to achieve strong growth, no matter the cost. It was believed that financial markets generate economic growth, and therefore all tools were invented to achieve rapid profit based on massive risks. This greed resulted in huge losses and real problems that accumulated, putting societies at risk. He also noted that the pivotal point is when market liquidity decreases and asset selling begins, causing prices to plummet towards disaster, a scenario that has occurred repeatedly. The main goal is to profit without regard for the situation of the victims, such as the poor and others. After the crisis...
