By Deborah Liebart , in collaboration with Marco Manca . First appeared on DisputatioMagistrorum . DOI:  10.5281/zenodo.4771461 Licensed under the CreativeCommons  BY-NC-SA 4.0 Last time we discussed risk management, proposing a parallel between the banking system crisis (2008) and the health crisis (Covid-19), and some of you contacted us asking for a follow-up of our article 1 . So, here it is ! "Louisville Ky ~ Louisville City Hall ~ Pediment ~ Progress" by Onasill ~ Bill is licensed under CC BY-NC 2.0 Today we have chosen to dwell on industrial/technological revolutions and economic cycles. According to Carlota Perez works 2 , (drawing upon Schumpeter’s theories), both are closely interconnected and opportunity explosions focused on specific industries, lead to the reccurence of financial crises. In other words, if and when new technologies creates an important financial bubble, it creates a temporary disastrous