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Vicious circle - Wikipedia

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A vicious circle (or cycle) is a complex chain of events that reinforces itself through a feedback loop, with detrimental results.[1] It is a system with no tendency toward equilibrium (social, economic, ecological, etc.), at least in the short run. Each iteration of the cycle reinforces the previous one, in an example of positive feedback. A vicious circle will continue in the direction of its momentum until an external factor intervenes to break the cycle. A well-known example of a vicious circle in economics is hyperinflation. When the results are not detrimental but beneficial, the term virtuous cycle is used instead. The contemporary subprime mortgage crisis is a complex group of vicious circles, both in its genesis and in its manifold outcomes, most notably the late 2000s recession. A specific example is the circle related to housing. As housing prices decline, more homeowners go "underwater", when the market value of a home drops below that of the mortgage on it. This provides a

Vicious circle - Wikipedia Jump to content From Wikipedia, the free encyclopedia Self-reinforcing sequence of events For other uses, see Vicious Circle (disambiguation) . This article needs more citations . Please help improve this article by adding citations to reliable sources . Unsourced material may be challenged and removed . Find sources: "Vicious circle" – news · newspapers · books · scholar · JSTOR ( March 2012 ) ( Learn how and when to remove this message ) Depression expressed as a vicious circle A vicious circle (or cycle ) is a complex chain of events that reinforces itself through

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