What crisis can male hormone imbalance trigger? Male hormones are the root cause of the financial crisis

The problem occurs when the hormone is excessively secreted. When intoxicated with victory and a sense of achievement, excessive secretion of this hormone can lead to irrational behavior and greed. In other words, testosterone is partly responsible for the foam of the stock market when investment banks and other financial institutions launched various subprime derivatives that triggered the financial crisis.

One of the main culprits of the global financial crisis in the United States is male hormones.

The male hormone "testosterone" is a double-edged sword for financial professionals such as stock intermediaries. Professor John Coats from the University of Cambridge, UK, stated in a paper published in the world's authoritative journal PNAS in April that the research results showed that the higher the testosterone levels of men engaged in stock brokerage business, the higher their returns. This hormone, which stimulates confidence and sense of adventure, enables men to boldly invest and achieve higher returns in the bull market.

The problem occurs when the hormone is excessively secreted. When intoxicated with victory and a sense of achievement, excessive secretion of this hormone can lead to irrational behavior and greed. In other words, testosterone is partly responsible for the foam of the stock market when investment banks and other financial institutions launched various subprime derivatives that triggered the financial crisis.

On the contrary, under pressure in a bear market, cortisol is secreted. The cortisol will rapidly shrink investment psychology, and excessive secretion will exacerbate fear, leading to a sharp drop and loss selling. The current global stock market has plummeted one after another, and the test results are indispensable.

It is worth noting that these two hormones are more common in males than in females, for example, testosterone in males is 10 times higher than that in females. That is to say, in the abnormal stock market where prices plummet or rise sharply, men are more likely than women to make irrational judgments. The reason why Professor Kotz advises "hiring more women in the securities market" is also this reason.

I don't know if it's because of this theory that Iceland, which is facing bankruptcy during this financial crisis, recently appointed CEOs of two state-owned banks are both women.