Keyword: «bubbles»

The article examines a specific set of conditions of economic activities, leading to reduced efficiency. The set of such conditions is called an economic trap. Short-term result of economic activities in a situation of "trap" is a positive, long term negative. Financial risk in such a situation, the entity assesses as satisfactory and does not seek to avoid it. Varieties of economic trap: the pyramid, bubbles, microloans.In the last decade of XX century in Russia the traps financial market is formed basically as a "pyramid", in the first decade of the XXI century – the "bubbles", in the second decade as microloans.