Name: How we can predict the next financial crisis
Uploaded: 2013-06-17T14:57:16Z
Duration: 16 min 47 s
Description: 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.)

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.)

Didier Sornette: How we can predict the next financial crisis

How we can predict the next financial crisis

Economic crashes are not external shocks but foreseeable 'dragon-kings', challenging the belief in financial unpredictability.

Harnessing the power of predictive science, we can foresee financial downturns, empowering us to mitigate impending crises.

Financial crises aren't sudden anomalies; they're predictable, driven by discernible 'dragon-king' events and warning signs.