Minsky momentFinancial Markets HistoryThe point at which excess speculation leads to asset price collapse and financial crisis.Learn about this termUnit 02: birth of bankingFinancial Markets HistoryUnit 04: bubbles manias crashesFinancial Markets HistoryUnit 12: credit cycles instabilityFinancial Markets HistoryRelated TermsHedge financeBorrowing where income covers both interest and principal; t...Speculative financeBorrowing where income covers interest but principal must be...Ponzi financeBorrowing where income does not cover even interest; depends...