plank回答（1）
Lucia2022-11-07 14:23:38
Lucia同学你好，我不明白你问的是什么意思
Loss Spiral
Decline in the value of assets ⇒ eroding the investors’ net worth ⇒ selling for money ⇒ these sales depressing the price further ⇒ inducing more selling.
Margin/haircut Spiral
As margins or haircuts rise ⇒ the investor has to sell more assets ⇒ a lower price ⇒ increasing margins further and forcing more sales.
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