Economic crises often seem sudden, painful, and catastrophic, leaving behind a wake of confusion and hardship. We hear about "booms" followed by "busts," and these terms get thrown around in the media as though they're part of some natural economic rhythm. But is that really the case? Are economic crises actual events caused by fundamental issues in the economy, or are they simply periodic corrections of self-inflated markets — inevitable declines that follow irrational spending and speculation? And most importantly, is it all a form of manipulation, a convenient narrative for those who lost their investments to digest, blaming it on a “god-driven” event beyond anyone’s control? The Rise and Fall of Booms Throughout history, markets have experienced periods of rapid expansion followed by sharp contractions. These "booms and busts" have become synonymous with economic crises, yet the patterns behind them are often driven by human behavior rather than pu...
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