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Pronuciation: \'Póst-'til-'wāt\ - /əˈfekt/

Abbreviation: PE

The Postlewait Effect is an economic term for an unexplainable and dramatic shift from financial bliss to utter failure.

A phenomenon that has left multiple professionals flabbergasted at the unprecedented financial shift from growth to falling off of a cliff.

A major component of the Postlewait Effect is building up ones hope thinking that the decision/investment/choice is correct and a great move, before complete devastation.

The double Postlewait although very rare is when a decision/investment/choice is correct and a great move, before crashing but immediately rebounds to give one even greater hope than the first time to just collapse even more dramatically than the initial Postlewait Effect.
I was making a ton of money investing in a Mexican copper mine when all of a sudden the Postlewait Effect took place and the mine magically disappeared and I lost it all.
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by Senator Schneids September 27, 2019
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