What is Vicious Circle
A vicious circle is a complex chain of events that reinforces itself through a feedback loop, resulting in situations that are damaging to the individual. To put it another way, in the short run, it is a system that does not have any tendency toward equilibrium. One example of positive feedback is the way in which each iteration of the cycle strengthens the one that came before it. The momentum of a vicious circle will continue to travel in the same direction until an outside force intervenes to stop the cycle and break the vicious cycle. Hyperinflation is a well-known example of a vicious circle that can occur in the field of economics.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Vicious circle
Chapter 2: Positive feedback
Chapter 3: Foreclosure
Chapter 4: Nouriel Roubini
Chapter 5: Household debt
Chapter 6: 2000s United States housing bubble
Chapter 7: Jumbo mortgage
Chapter 8: Causal loop diagram
Chapter 9: Leverage-point modeling
Chapter 10: Mortgage loan
Chapter 11: Subprime mortgage crisis
Chapter 12: Timeline of the 2000s United States housing bubble
Chapter 13: Causes of the 2000s United States housing bubble
Chapter 14: Subprime crisis background information
Chapter 15: Regulatory responses to the subprime crisis
Chapter 16: Indirect economic effects of the subprime mortgage crisis
Chapter 17: Subprime mortgage crisis solutions debate
Chapter 18: System archetype
Chapter 19: Strategic default
Chapter 20: Causes of the Great Recession
Chapter 21: Making Home Affordable
(II) Answering the public top questions about vicious circle.
(III) Real world examples for the usage of vicious circle in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Vicious Circle.
