Word of the day.
Malinvestment: Greater speculation and leverage that tends to amplify the impact of that economic growth during a good period. In other words, people start offering too much credit, taking out too much debt and investing into projects that (when analyzed in a more sober mindset) are unlikely to be successful.
- Lyn Alden ‘Broken Money’
zteven / Steven
npub18t…mdw35
2025-02-12 19:02:54
Author Public Key
npub18tzy0c7jhhfvzxsd8z57ywwsj2x28gfaldk9k8v32p5sze6gy0qqpmdw35Published at
2025-02-12 19:02:54Event JSON
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"content": "Word of the day. \n\nMalinvestment: Greater speculation and leverage that tends to amplify the impact of that economic growth during a good period. In other words, people start offering too much credit, taking out too much debt and investing into projects that (when analyzed in a more sober mindset) are unlikely to be successful. \n\n- Lyn Alden ‘Broken Money’",
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