Monday, June 17, 2013

TED: Didier Sornette: How we can predict the next financial crisis - Didier Sornette (2013)

TED: Didier Sornette: How we can predict the next financial crisis - Didier Sornette (2013): The 2007-2008 financial crisis, you might think, was an unpredictable one-time crash. But Didier Sornette and his Financial Crisis Observatory have plotted a set of early warning signs for unstable, growing systems, tracking the moment when any bubble is about to pop. (And he's seeing it happen again, right now.)