TED Talks
Didier Sornette: How we can predict the next financial crisis
TV-PG
2013 • E121 Jun 16, 2013 15mThe 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 studies whether it is possible to anticipate big changes or predict crises in complex systems.
Didier Sornette studies whether it is possible to anticipate big changes or predict crises in complex systems.