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It's basically an extension of the "boom and bust" cycle. Here is how the term is used.

Unless you think that the Dodd-Frank reform bill really ended "too big to fail" and the associated excessive risk-taking culture, you should worry a great deal about the assumption of boom, bust, bailout and fiscal damage that the Bank of England now refers to routinely as the "doom loop."

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Q: What is doom loop?
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