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Economics
Minsky Moment
The sudden point when a long period of calm and rising debt turns into a financial crisis because people realize the risks are too high.
Economist Hyman Minsky said stability breeds instability. Long booms make people take bigger risks until something small triggers a panic.It's like a game of Jenga where the tower looks super stable for a long time until one tiny move makes the whole thing collapse.
Real world: The 2008 financial crisis was a Minsky Moment — years of easy loans and rising house prices suddenly reversed when people couldn't pay their mortgages.
💡 A Minsky Moment is the scary crash that ends every long boom — the longer the good times last, the bigger the eventual crash can be.