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USANews版 - Why the Obama Bubble Has Collapsed
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Pop! Why the Obama Bubble Has Collapsed
September 10, 2008 11:04 AM ET | James Pethokoukis
The Obama campaign seems to have experienced a "Minsky Moment." That, as any
financial bubblologist worth his weight in tulips knows, is the particular
point in time when no more "greater fools" can be found to support a bubble
and a Great Deflation finally begins. Sssssss. (The financial phenomenon is
named after economist Hyman Minksy.)
Now Obama's Minsky Moment is morphing into the McCain Moment. The ev
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话题: obama话题: bubble话题: collapsed话题: why话题: moment