The Self-Fulfilling Prophecy in Financial Crises
A false rumor about a bank's safety can turn itself into reality: 48 hours after Bear Stearns' CEO denied any liquidity crisis, the bank was on the brink of collapse.
Think & Rich
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A false rumor about a bank's safety can turn itself into reality: 48 hours after Bear Stearns' CEO denied any liquidity crisis, the bank was on the brink of collapse.
Think & Rich
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