Railway Mania was
an economic bubble in the United Kingdom in the 1840s that involved a railroad development frenzy and a speculative bubble in the shares of railroad companies.
Every economic bubble in the past thousand years was predicted to burst by those who clearly saw it coming, and they were right.
«Despite sustained growth in housing values across the country, there is little evidence of
an economic bubble in any of our major cities,» says Soper.
Not exact matches
In January 2009, both The Wall Street Journal and Forbes cited Paul as one of the few who identified early on the formation of the housing
bubble and the
economic and financial market havoc that would ensue after the
bubble inevitably burst.
Kuroda has been beating that drum for years and his comments
in confirmation hearings
in the past two weeks suggest he plans to pump cash into the economy much more aggressively than outgoing Governor Masaaki Shirakawa, who was reluctant to be too bold for fear of sowing the seeds of future problems, such as an
economic bubble.
The upheaval we've been through
in the past few years as the private debt
bubble burst is only a preview of what's to come, concludes Mauldin, the president of Millennium Wave Advisors (writing here with an editor for an
economic analysis firm).
Here
in our Outlook 2011 special report you'll find insight into what some say is a forming dot - com
bubble, what austerity means for global
economic development, some RRSP advice, an investigation into the fuss over gold and more.
That might all seem normal
in a time of burst
bubbles and
economic recession.
In all the buzz over the benefits of big data, there are fears that a mini-tech market
bubble is being fomented, and big data's hype far outweighs its
economic might.
While definitions of reasonable assumption vary, historically
bubbles have occurred when,
in an
economic sector's development, the last money
in is highly unlikely to realize a return that justifies the risk it has taken.
On the form he showed at the Masters, Woods still seems a good bet to break Jack Nicklaus» record of 18 major tournament wins; but the revenue records the tour set
in the last decade, before the bursting of the Tiger
bubble and the broader American
economic bubble, are unlikely to be improved any time soon.
Yes, the
economic impact of the dot com
bubble was horrendous, but it did spawn a renewed sense of innovation
in startup development.
The Congressional Budget Office defines asset
bubbles as: «An
economic development
in which the price of a class of physical or financial assets (such as houses or securities) rises to a level that appears to be unsustainable and well above the assets» value as determined by
economic fundamentals.
Mr. Bernanke thus rejected over three hundred years of
economic orthodoxy
in testifying recently that the Fed was blameless
in fueling the real estate
bubble by slashing interest rates after 2001.
When I headed an international investigative
economic team
in 2010, we visited Latvia's bank insurance agency and were told that they had anticipated a collapse of the
bubble.
It is wishful thinking to imagine that the most extreme
economic, debt and investment
bubble in history was corrected by a mild
economic downturn, a market decline that leaves stocks at 21 times peak earnings (higher than at the 1929 and 1987 peaks), and just a few large - scale defaults from a corporate debt position which continues to claim a record share of operating earnings to finance.
Or we could go through another
bubble boom - to - bust
economic cycle, which seems most likely given incomes are falling
in the US and there isn't adequate demand to sustain a normal recovery.
Success
in altering a growth dynamic while deflating a housing
bubble and avoiding a credit crunch will be one of the key global
economic events to watch over the next 12 to 24 months.
Amazon Editorial reviewsProduct Description A practical guide to preparing for the next phase of the financial meltdown From the authors who were the first to predict Phase I of our current
economic downturn -
in their landmark 2006 book, America's
Bubble Economy - comes...
In the late 1980s, on the heels of a three - decade long «Economic Miracle,» Japan experienced its infamous «bubble economy» in which stock and real estate prices soared to stratospheric heights driven by a speculative mani
In the late 1980s, on the heels of a three - decade long «
Economic Miracle,» Japan experienced its infamous «
bubble economy»
in which stock and real estate prices soared to stratospheric heights driven by a speculative mani
in which stock and real estate prices soared to stratospheric heights driven by a speculative mania.
Japan's imploding stock
bubble also popped the country's real estate
bubble, creating zaitech -
in - reverse and throwing the country into a deep financial crisis and halting the three - decade old «
Economic Miracle»
in its tracks.
Economic uncertainty and fears of a property
bubble have
in the past three months weighed on UK banks that specialise
in buy - to - let mortgages.
America's Stock Market Crash of 1929 was a powerful market crash that started
in October of 1929 after the Roaring Twenties
economic «
bubble boom» finally popped.
When the Post-2009
Economic Bubbles pop, the false recovery will violently end and the secular economic decline that began in the year 2000 will c
Economic Bubbles pop, the false recovery will violently end and the secular
economic decline that began in the year 2000 will c
economic decline that began
in the year 2000 will continue.
[3] It is too early to determine if Germany is
in the midst of a property
bubble, but it is certainly a situation that warrants monitoring, especially if there is a temporary improvement
in global
economic growth and sentiment.
In February 2012, the IMF cut Norway's growth forecast, saying that the Norwegian housing
bubble is the country's biggest
economic risk and threatens everything from banks to
economic growth.
Very soon, Law's national bank began to issue much more paper currency than it received
in gold and silver currency deposits, which created an inflationary
economic «
bubble boom.»
For a time, it seemed as if France's financial problems were over, until the Mississippi
Bubble popped and Law's trading company shares and paper bank notes plunged in value and threw France into an even greater economic crisis than it had before the b
Bubble popped and Law's trading company shares and paper bank notes plunged
in value and threw France into an even greater
economic crisis than it had before the
bubblebubble.
The Post-2009
Economic Bubbles that I have identified have greatly expanded since the depths of the Great Recession in early 2009 and are largely responsible for creating the illusion of an economic r
Economic Bubbles that I have identified have greatly expanded since the depths of the Great Recession
in early 2009 and are largely responsible for creating the illusion of an
economic r
economic recovery.
The IMF has also warned of a possible Swedish housing
bubble, saying «There is significant risk of a decline
in house prices
in coming years, even
in a relatively benign
economic scenario,» [4] while the OECD warned that Swedish housing prices are overvalued by about 30 percent
in relation to income.
«It means reversing this long time
economic model, where the state will profit through the
economic system at the expense of the consumers and household, and one of the things that the new leadership is intent on doing
in order to create consumption is to empower consumers, so they spend more and stop empowering state organizations which are fuelling the overcapacity and the massive debt
bubble».
The British
economic recovery is still fragile and faces many of the same problems Carney seemed unable to solve during his tenure
in Canada: sluggish labour productivity, businesses that are stockpiling cash, and a property
bubble that seems at risk of bursting.
The true colours of China's
economic commanders were shown
in 2015 following the bursting of the stock market
bubble that they had purposefully created.
In the midst of falling commodity prices, devalued currency and the housing market
bubble, Barnes states the Canadian
economic situation
«Definition of
economic bubble: A market phenomenon characterized by surges
in asset prices to levels significantly above the fundamental value of that asset.»
Law was lauded as an
economic genius for creating an
economic miracle within France
in what came to be known as the Mississippi
Bubble.
Japan's infamous «Lost Decade» was supposed to refer to the stagnant
economic period from 1991 until 2000, after the collapse of the asset price
bubble in Japanese housing and stocks.
Home values
in the area are still 30 percent below their 2006 peak, according to the Global Real Estate
Bubble Index for 2017, published by UBS Wealth Management's chief investment office, which blamed sluggish employment and lackluster
economic and income growth.
Demographics, affordability and
economic aftermath of the housing
bubble, is keeping it
in check — not tight lending.
I am a bit doubtful about China's
economic expansion strategy — labor productivity is generally very low
in Laos and Cambodia and those countries that are not already even part of the Chinese - driven
bubble economy.
Fed - induced yield - seeking speculation is precisely what drove investors to seek refuge
in mortgage securities, provoked the housing
bubble, and ultimately produced the worst
economic collapse since the Great Depression.
Thornton has also written on
economic bubbles, including the United States housing
bubble, which he first described
in February 2004.
Low interest rates aid and abet
bubbles, that's one of the reasons we got into this
economic mess
in the first place.
In 1845, the Bank of England tightened its monetary policy by raising interest rates, which has a tendency to pop
economic bubbles as capital is no longer as cheap as it once was and now higher - yielding bonds become more attractive to investors again.
Even if China's debt and real estate
bubbles don't pop, resulting
in a global recession, slowing
economic growth from China could have a detrimental effect on long - term energy prices and result
in prolonged weakness
in the entire energy sector, including oil services suppliers such as U.S. Silica.
It seems like great news to me
in an anxious age, when we live
in fear of
economic collapse or terrorist attack, and are just waiting for the housing
bubble to pop or for oil production to peak.
The European Commission has urged the British Government to rein
in house price increases; the IMF has warned that the
bubble imperils Britain's
economic recovery.
There is a question of who, obviously, would fold first
in that situation... Chinese
economic bubble is so huge that when it bursts it may take the country whole.
And you ignore that H.W. Bush raised taxes, and Clinton raised taxes, and conservatives predicted an
economic disaster... and we had the best, most sustained growth
in decades even if one discounts the tech
bubble.
Mr Cable said: «The government is only just waking up to the problem, despite the fact it has been warned for years that there were great
economic dangers from the
bubble in the housing market, linked to exceptionally high levels of personal borrowing.»