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What (who) is speculative assumption - definition
![Sinopliosaurus fusuiensis]]'' with generalized spinosaurid morphology, and unique coloration pattern.](https://commons.wikimedia.org/wiki/Special:FilePath/"Sinopliosaurus" fusuiensis by PaleoGeek.png?width=200 "Sinopliosaurus fusuiensis]]'' with generalized spinosaurid morphology, and unique coloration pattern.")
![A four-armed "Green Martian" riding a "thoat" from [[Edgar Rice Burroughs]]'s [[Barsoom]], a fictional version of the planet [[Mars]]. Illustration by [[James Allen St. John]] (1920).](https://commons.wikimedia.org/wiki/Special:FilePath/Barsoom green martian.jpg?width=200 "A four-armed \"Green Martian\" riding a \"thoat\" from [[Edgar Rice Burroughs]]'s [[Barsoom]], a fictional version of the planet [[Mars]]. Illustration by [[James Allen St. John]] (1920).")
![Author [[Dougal Dixon]] with a model of a "Strida", one of the creatures featured in his 2010 book ''[[Greenworld]]''.](https://commons.wikimedia.org/wiki/Special:FilePath/Dixon Strida.jpg?width=200 "Author [[Dougal Dixon]] with a model of a \"Strida\", one of the creatures featured in his 2010 book ''[[Greenworld]]''.")
![Dromaeosauroides bornholmensis]]'', which is known from two teeth. Its appearance is inferred from related genera.](https://commons.wikimedia.org/wiki/Special:FilePath/Dromaeosauroides.jpg?width=200 "Dromaeosauroides bornholmensis]]'', which is known from two teeth. Its appearance is inferred from related genera.")
![Avatar]]'' (2009).](https://commons.wikimedia.org/wiki/Special:FilePath/Hellfire wasp.jpg?width=200 "Avatar]]'' (2009).")
![rhinograde]], using its ''nasorium'' to catch fish. Rhinogrades, created by [[Gerolf Steiner]] in 1957, are one of the earliest concrete examples of speculative zoology.](https://commons.wikimedia.org/wiki/Special:FilePath/Musée zoologique de Strasbourg-Rhinograde (Rhinogradentia, cropped).jpg?width=200 "rhinograde]], using its ''nasorium'' to catch fish. Rhinogrades, created by [[Gerolf Steiner]] in 1957, are one of the earliest concrete examples of speculative zoology.")
![mustelids]].](https://commons.wikimedia.org/wiki/Special:FilePath/Speculative Dinosaur Project Deltatheridian mustelids.jpg?width=200 "mustelids]].")
Wikipedia
In economics, a speculative attack is a precipitous selling of untrustworthy assets by previously inactive speculators and the corresponding acquisition of some valuable assets (currencies, gold). The first model of a speculative attack was contained in a 1975 discussion paper on the gold market by Stephen Salant and Dale Henderson at the Federal Reserve Board. Paul Krugman, who visited the Board as a graduate student intern, soon adapted their mechanism to explain speculative attacks in the foreign exchange market.
There are now many hundreds of journal articles on financial speculative attacks, which are typically grouped into three categories: first, second, and third generation models. Salant has continued to explore real speculative attacks in a series of six articles.
