"Minsky moment" meaning in English

{
  "etymology_templates": [
    {
      "args": {
        "1": "en",
        "2": "Paul McCulley",
        "in": "1998"
      },
      "expansion": "Coined by Paul McCulley in 1998",
      "name": "coin"
    },
    {
      "args": {
        "1": "economist",
        "2": "",
        "3": "",
        "4": "",
        "5": ""
      },
      "expansion": "economist",
      "name": "named-after/list"
    },
    {
      "args": {},
      "expansion": "|",
      "name": "!"
    },
    {
      "args": {
        "1": "en",
        "2": "Hyman Minsky"
      },
      "expansion": "Hyman Minsky",
      "name": "lang"
    },
    {
      "args": {
        "1": "en",
        "2": "Hyman Minsky",
        "born": "1919",
        "died": "1996",
        "nocap": "1",
        "occ": "economist",
        "wplink": "="
      },
      "expansion": "named after economist Hyman Minsky (1919–1996)",
      "name": "named-after"
    }
  ],
  "etymology_text": "Coined by Paul McCulley in 1998, named after economist Hyman Minsky (1919–1996).",
  "forms": [
    {
      "form": "Minsky moments",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "Minsky moment (plural Minsky moments)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
            "Entry maintenance"
          ],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "English entries with topic categories using raw markup",
          "parents": [
            "Entries with topic categories using raw markup",
            "Entry maintenance"
          ],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "English terms with non-redundant non-automated sortkeys",
          "parents": [
            "Terms with non-redundant non-automated sortkeys",
            "Entry maintenance"
          ],
          "source": "w"
        },
        {
          "kind": "topical",
          "langcode": "en",
          "name": "Finance",
          "orig": "en:Finance",
          "parents": [
            "Business",
            "Economics",
            "Society",
            "Social sciences",
            "All topics",
            "Sciences",
            "Fundamental"
          ],
          "source": "w"
        }
      ],
      "examples": [
        {
          "ref": "2015, Louis-Philippe Rochon, Sergio Rossi, editors, The Encyclopedia of Central Banking, Edward Elgar Publishing, page 317",
          "text": "Notice, however, that some economists argued that the US subprime crisis was not a “Minsky moment” (see Davidson, 2008).",
          "type": "quotation"
        }
      ],
      "glosses": [
        "A sudden, major collapse of asset values which marks the end of the growth phase of a cycle in credit markets or business activity."
      ],
      "id": "en-Minsky_moment-en-noun-YRx96Qq0"
    }
  ],
  "word": "Minsky moment"
}

{
  "etymology_templates": [
    {
      "args": {
        "1": "en",
        "2": "Paul McCulley",
        "in": "1998"
      },
      "expansion": "Coined by Paul McCulley in 1998",
      "name": "coin"
    },
    {
      "args": {
        "1": "economist",
        "2": "",
        "3": "",
        "4": "",
        "5": ""
      },
      "expansion": "economist",
      "name": "named-after/list"
    },
    {
      "args": {},
      "expansion": "|",
      "name": "!"
    },
    {
      "args": {
        "1": "en",
        "2": "Hyman Minsky"
      },
      "expansion": "Hyman Minsky",
      "name": "lang"
    },
    {
      "args": {
        "1": "en",
        "2": "Hyman Minsky",
        "born": "1919",
        "died": "1996",
        "nocap": "1",
        "occ": "economist",
        "wplink": "="
      },
      "expansion": "named after economist Hyman Minsky (1919–1996)",
      "name": "named-after"
    }
  ],
  "etymology_text": "Coined by Paul McCulley in 1998, named after economist Hyman Minsky (1919–1996).",
  "forms": [
    {
      "form": "Minsky moments",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "Minsky moment (plural Minsky moments)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        "English coinages",
        "English countable nouns",
        "English entries with incorrect language header",
        "English entries with topic categories using raw markup",
        "English eponyms",
        "English lemmas",
        "English multiword terms",
        "English nouns",
        "English terms coined by Paul McCulley",
        "English terms with non-redundant non-automated sortkeys",
        "English terms with quotations",
        "en:Finance"
      ],
      "examples": [
        {
          "ref": "2015, Louis-Philippe Rochon, Sergio Rossi, editors, The Encyclopedia of Central Banking, Edward Elgar Publishing, page 317",
          "text": "Notice, however, that some economists argued that the US subprime crisis was not a “Minsky moment” (see Davidson, 2008).",
          "type": "quotation"
        }
      ],
      "glosses": [
        "A sudden, major collapse of asset values which marks the end of the growth phase of a cycle in credit markets or business activity."
      ]
    }
  ],
  "word": "Minsky moment"
}