> the crucial factor in overaccumulation is a stagnation process once overproduction sets in, followed by financial bubbling
Do you mean that "overaccumulation" leads to saving in excess of investment which then leads to "financial bubbling" when this excess is redirected into financial markets?
In other words, in a simple illustrative system in which consumption and investment constitute the only two forms of exprenditure, do you mean that total total saving in a period (total income minus total consumption expenditure) can be in excess of total investment expenditure in that period with the excess being redirected into financial markets?
Ted