In finance, systemic risk is the risk of collapse of an entire financial system or entire market, as opposed to risk associated with any one individual entity, group or component of a system. It can be defined as "financial system instability, potentially catastrophic, caused or exacerbated by idiosyncratic events or conditions in financial intermediaries". It refers to the risks imposed by interlinkages and interdependencies in a system or market, where the failure of a single entity or cluster of entities can cause a cascading failure, which could potentially bankrupt or bring down the entire system or market. It is also sometimes erroneously referred to as "systematic risk".
Read more about Systemic Risk: Explanation, Measurement of Systemic Risk, Factors, Diversification, Regulation, Project Risks, Systemic Risk and Insurance, Discussion, Further Reading
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“The risk for a woman who considers her helpless children her job is that the childrens growth toward self-sufficiency may be experienced as a refutation of the mothers indispensability, and she may unconsciously sabotage their growth as a result.”
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