Quotes About Bubbles

What people don't realize is that China papered over its last two credit bubbles, those in 1999 and 2004. The banks were never bailed out - they just exchanged their bad loans for questionable bonds from quasi-state organizations.

Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.

The bubbles are thinner than wavelengths of light.

O, for a draught of vintage! that hath beenCool'd a long age in the deep-delved earth,Tasting of Flora and the country green,Dance, and Provençal song, and sunburnt mirth!O, for a beaker full of the warm South,Full of the true, the blushful Hippocrene,With beaded bubbles winking at the brim,And purple-stained mouth.

Americans have less and less patience for the intrusive and divisive moral scolds who thrived in the bubbles of the Clinton and Bush years.

Bubbles are created when something positive is happening. People get over-enthusiastic about it and take the tide higher than it should go. The reality is bubbles are required to create an industry.

I asked you a question. What are you doing here?" Resting his elbows on the side of the tub, he smiled lazily. She hated it when he smiled lazily. "Waiting for the bubbles to evaporate," he said.

Worlds on worlds are rolling ever From creation to decay, Like the bubbles on a river, Sparkling, bursting, borne away.

Naturally society cherished itself alone; it prized what everyone agreed was precious, despised what everyone agreed was despicable, and ignored what no one mentioned-all to its own enhancement, and with the loud view that these bubbles and vapors were eternal and universal.

Shiller found that when he adjusted for inflation, US housing prices have been nearly flat for a century! He exploded one of the biggest myths of our time: that home prices keep going up and up. "Unless there's a bubble," he told me. And we all know what eventually happens to bubbles.

Life is too short, too precious, too painful to waste on worldly bubbles that burst

Reasonable men are not reasonable when you're in the bubbles which have characterized capitalism since the beginning of time.

Next time, please pay a fair price for the services you depend on. Those have a better chance of surviving the bubbles.

We've suffered a "Ponzification" of the economy in recent years, as bubbles have built up and then burst, and each time we act as though it's the first time.

The rest of the day they spent blowing soap bubbles from the veranda.

They have the options of grating their teeth in their jaws, grinding additional sets of teeth lining their throat, rubbing bones together, stridulating their gill covers, and even—as we'll see—expelling bubbles from their anuses.

I was in my hippie stage. It was tough for my father. First it was the long hair, then the bubbles.

It can be difficult to be subtle and not cartoony in prosthetics. But when you see characters like Bubbles and Desiree from 'Little Britain' on screen, it makes all the hard work worth it. It's such fun watching those transformations.

I asked you a question. What are you doing here?"Resting his elbows on the side of the tub, he smiled lazily. She hated it when he smiled lazily. "Waiting for the bubbles to evaporate, " he said.

Vernon Smith and his colleagues have long confirmed that markets in goods and services for immediate consumption – haircuts and hamburgers – work so well that it is hard to design them so they fail to deliver efficiency and innovation; while markets in assets are so automatically prone to bubbles and crashes that it is hard to design them so they work at all.

markets in goods and services for immediate consumption – haircuts and hamburgers – work so well that it is hard to design them so they fail to deliver efficiency and innovation; while markets in assets are so automatically prone to bubbles and crashes that it is hard to design them so they work at all.

Had I only known it, experiments in laboratories by the economist Vernon Smith and his colleagues have long confirmed that markets in goods and services for immediate consumption – haircuts and hamburgers – work so well that it is hard to design them so they fail to deliver efficiency and innovation; while markets in assets are so automatically prone to bubbles and crashes that it is hard to design them so they work at all.

Remember that history always repeats itself. Every great bubble in history has broken. There are no exceptions.

Bubbles are best identified by credit excesses, not valuation excesses. And there's no bigger credit excess than in China.