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Las crisis recurrentes del capitalismo, o las fracturas del sistema económico a causa de sus cimientos de adobe

 

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Author: Escartín González, Eduardo
Velasco Morente, Francisco
González Abril, Luis
Department: Universidad de Sevilla. Departamento de Economía Aplicada I
Date: 2015
Published in: Revista Convergência Crítica, 1 (6), 87-112.
Document type: Article
Abstract: In this article, reviewing Macroeconomics, the main economic factors affecting economic crises are examined; the root causes are determined and explanations are made in a simple manner, with the intention of making them easily understood by everyone. Since the economy is based on credit, it is clear that all crises are of financial nature and are caused by the large accumulation of toxic financial assets due to their high risk. The excess liquidity that loans bring about softens the foundations of the economic system until there comes a time when the credit collapses and the foundations of the system lose resistance. Therefore the economy cracks; that is to say, crisis occurs
Cite: Escartín González, E., Velasco Morente, F. y González Abril, L. (2015). Las crisis recurrentes del capitalismo, o las fracturas del sistema económico a causa de sus cimientos de adobe. Revista Convergência Crítica, 1 (6), 87-112.
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URI: https://hdl.handle.net/11441/76303

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