Study of the Nature of Modern Economic Crises

Abstract

A model of capital flows is proposed in this article and it is shown herein that the natural result of this flow is the emergence of the information collapse of the second type, the essence of which is that the transmitted economic information becomes distorted, which results in the loss of controllability. This is the essence of modern economic crises. The role of financial bubbles in the onset of collapse is shown. The size of the bubble in the American economy is estimated. The signs of the onset of collapse of the second kind are given. The concepts of the market mechanism and the planned mechanism as well as the ways of switching between them as a means of preventing crisis phenomena in the economy are considered.