definition

What is DeLeveraging?

swarmsAll of a sudden words are buzzing like flies over the carnage.   Swatted and flying in rapid succession from analysts everywhere is the term  DeLeveraging.   Now what kind of beige, innocuous glossing over term does that imply on what's really happening?    Seeking Alpha defines deleveraging as Feedback Loops Gone Wild.    Ok, so what does that mean?

Virtuous circles (and their accompanying animal spirits) give way to vicious cycles, in which lower prices beget write-downs, which beget lower prices

Zacks tells you it's when:

Money goes to money heaven