Charles P. Kindleberger (Charles Poor "Charlie" Kindleberger) Quotes

The period of financial distress is a gradual decline after the peak of a speculative bubble that precedes the final and massive panic and crash, driven by the insiders having exited but the sucker outsiders hanging on hoping for a revivial, but finally giving up in the final collapse.
Charles P. Kindleberger
Charles P. Kindleberger

Quotes to Explore

This site uses cookies. By continuing to use this website, you agree to our policies regarding the use of cookies.