This book systematically reviews major financial bubbles and crises worldwide since the 17th century, revealing the cyclical patterns of how speculative frenzy, market fraud, and credit expansion trigger “madness” in asset bubbles, ultimately leading to market “panic” and systemic “collapse.”
本书系统梳理了自17世纪以来全球范围内的主要金融泡沫与危机,揭示了投机狂热、市场欺诈和信贷扩张如何引发“疯狂”的资产泡沫,最终导致市场“惊恐”和体系“崩溃”的周期性规律。
本书系统梳理了自17世纪以来全球范围内的主要金融泡沫与危机,揭示了投机狂热、市场欺诈和信贷扩张如何引发“疯狂”的资产泡沫,最终导致市场“惊恐”和体系“崩溃”的周期性规律。