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Male Testosterone May Have Caused the Global Financial Crisis

Male Testosterone May Have Caused the Global Financial Crisis

There’s an interesting article in the Scientific American which explores the possibility of male testosterone being one of the causes of the global financial crisis.

Research studies indicate that men with higher levels of the testosterone will make riskier investments compared to the counterparts who have lower levels of the sex hormone.

When you combine this finding with the fact the financial markets are dominated by capitalistic male egos, the picture becomes clearer as to how we got ourselves into the present economic crisis.

If the capital markets are indeed influenced by the hormone levels of its participants, it’s not surprising that it operated with such an irrational exuberance to ultimately cause the financial meltdown.

So, does this mean that we could have avoided the current crisis if the trading pits were full of women instead of testosterone loaded men?

Well, the female sex is generally more responsible and rational but if fluctuating hormone levels come into play, we might end up with the same turbulent markets that make no sense as well.

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