What is an Economic Bubble
May 7, 2014 | By fischer |
The term economic bubble is conversationally bandied about by economic authorities in spite of the fact that mainstream audiences might not be aware of what a bubble actually is. In the starkest terms possible, an economic bubble is an economic event that occurs when asset prices outpace what incomes can sustain.
Examples and Essential Ingredients for Bubbles
The subprime mortgage crisis and