News for hackers. Stuff that matters.

A comment on Wall Street Banks Warn Downturn Is Coming. Parent comment

Re:Wall Street Banks Warn Downturn Is Coming by refurb on Wednesday August 23, 2017 @02:20PM (#15083812)
The bubble doesn't cause fear, the popping of the bubble does. People overreact, sell all their investments, drive down the cost and everything overcorrects on the bottom as well.
[ Parent | on HN ]
Re:Wall Street Banks Warn Downturn Is Coming by padobson on Wednesday August 23, 2017 @02:48PM (#15084052)
It's not so much people overreacting as banks. Banks call in loans which forces the borrower to stop whatever economic activity they were engaging in.
[ Parent | on HN ]