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Doom loop

From Wikipedia, the free encyclopedia

A doom loop may be:

  • In economics, a doom loop is a negative spiral that can result when banks hold sovereign bonds and governments bail out banks.
  • An urban doom loop is a negative economic spiral that results from increasing remote work, leading urban businesses to close and to a loss of tax revenue, which then leads cities to cut services and raise taxes.
  • A climate doom loop occurs when consequences of climate change and the failure to address it draw focus and resources from tackling its root causes.

See also

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