Boom And Bust
A credit boom–bust cycle is an episode characterized by a sustained increase in several economics indicators followed by a sharp and rapid contraction.
Read more about Boom And Bust: Overview, The Emerging Economies Experience, Explanations
Famous quotes containing the words boom and/or bust:
“The cohort that made up the population boom is now grown up; many are in fact middle- aged. They are one reason for the enormous current interest in such topics as child rearing and families. The articulate and highly educated children of the baby boom form a huge, literate market for books on various issues in parenting and child rearing, and, as time goes on, adult development, divorce, midlife crisis, old age, and of course, death.”
—Joseph Featherstone (20th century)
“Workers of the world forgive me.”
—Graffito on the bust of Karl Marx in Bucharest. Quoted in Times (London, May 4, 1990)