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Interview to Mauro Gallegati, Univ. Politec. delle Marche, partner of Forecasting Financial Crises

How is financial instability similar to, say, an earthquake? Mauro Gallegati, economist at Università Politecnica delle Marche (Italy), partner of the FOC project (Forecasting Financial Crises), explains. FOC is a European scientific project aimed at understanding and forecasting systemic risk and global financial instabilities. http://www.focproject.net/