what are real world examples of minsky moments 
the market crash and great depression of the 1930s and the 2008 global financial crisis great recession are the most cited examples the 2008 crisis was triggered by the bursting of the u s housing bubble and subsequent failure of financial institutions overexposed to mortgage backed securities another instance is the 1997 asian financial crisis starting with the collapse of the thai baht and spreading to other east asian economies exacerbated by high levels of private debt can a minsky moment be predicted predicting a minsky moment is inherently difficult because of the complexity of market forces investor psychology and external economic factors or shocks while economists and analysts can try to identify speculative bubbles and overleveraging as warning signs the precise timing and trigger of a minsky moment are often unpredictable 