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Black Monday on stock markets throughout the world – A new phenomenon of collective panic disorder? A psychiatric approach
Medical Hypotheses, 10/27/08
Sperling W et al. - Regardless of cultural affiliation, public reporting of the global collapse in stock prices on Monday was striking in its almost unified mood of panic, anxiety and general fear of further partially arbitrary trading losses. These partly irrational mechanisms of an international financial crisis seem to fulfil several criteria of typical panic disorders according to classification systems like ICD-10 or DSM-IV. The new phenomenon affects international stock markets in the sense of a global panic disorder (GPD).
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