German translation: (wirtschaftliche) Überhitzung (in diesem Fall)
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English to German translations [PRO] Bus/Financial - Economics
English term or phrase:manic excess
That framework is based on spending and demand, the determinants of the components of spending, the liquidity-preference theory of short-run interest rates, and the requirement that government make strategic but powerful interventions in the economy to keep it on an even keel and avoid extremes of depression and manic excess.