fire sales
2 episodes mention this concept
NewEconomicThinkingFeb 22, 2023The Economy as a Web of Contracts: Understanding Systemic Instability and Debt Deflation
EconomicsWeb of contractsSystemic instabilityIndividual defaultChains of defaults- NewEconomicThinkingJun 12, 2019
Relearning Recessions: The Central Role of Banking Distress and Credit Cycles
EconomicsBanking sector distressBusiness cyclesFinancial crisesNon-financial recessions
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