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单词 bubble economy
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bubble economy
bubble economy n. an economy undergoing an unsustainable boom; spec. a period of heightened prosperity and increased commercial activity in Japan in the late 1980s, principally arising from inflated land and stock prices, low interest rates, and excessive lending; also occasionally as a mass noun; cf. sense A. 2c.
ΚΠ
1952 L. B. Simpson Exploitation of Land in Central Mexico i. 10 (caption) It may be that sheep raising in the early years is another instance of bubble economy, like silk.
1983 Jrnl. Interamer. Stud. & World Affairs 25 548 It was evident that the Chilean bubble economy had to disinflate.
1990 Los Angeles Times (Nexis) 28 Mar. d4/5 Eiji Suzuki..called the trouble ‘an exposure of (Japan's) bubble economy’ and warned that if the government and the central bank fail to take appropriate measures, ‘the bubble will burst’.
2016 N.Y. Times (Nexis) 8 Apr. (Late ed.) b2 This is an economy on a solid course, not a bubble economy.
extracted from bubblen.adj.
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