Results 1 to 3 of 3

    • Join Date: Feb 2008
    • Posts: 20
    • Post Thanks / Like


    Without robust economic growth, Japan faces pain, especially since the government has racked up high levels of national debt in an attempt to spend its way out of its post-bubble slump.

    I get everything else except post-bubble slump

    I gather it is some kind of economic thing but what exactly is it?

    your thoughts will be appreciated.:)

    • Join Date: Nov 2007
    • Posts: 5,409
    • Post Thanks / Like

    Re: post-bubble

    With regard to the economy of a country, an economic bubble (sometimes referred to as a speculative bubble, a market bubble, a price bubble, a financial bubble, or 'speculative mania'!) occurs when stocks and shares are traded in high volumes at prices that are considerably at variance with their intrinsic value - they're not really worth the money they are selling at. This can't last...and so 'after this bubble has run its course and is over' is being referred to 'post-bubble'.

    • Member Info
      • Native Language:
      • Bulgarian
      • Home Country:
      • Bulgaria
      • Current Location:
      • Bulgaria

    • Join Date: Sep 2007
    • Posts: 5,000
    • Post Thanks / Like

    Re: post-bubble

    Hi Pumpjockey,

    There is a cautionery tale which have to give you a leg up:

    South Sea Bubble

    (a shameful event in 1720 concerning the South Sea Company based in London)

    People rushed madly to buy its shares, expecting it to make high profits from its newly-gamed monopoly of trade with the South Sea Islands in teh Pacific, given in return for taking responsibility for part of the British national debt. Encouraged by the king and the government, the ditectors dishonestly and foolishly used the company's capital to buy its own shares in the market, thus causing the price to go even higher. In time the public lost confidence and the crash came. Some had made great fortunes, but thousands were ruined. For over a century after this the formation of joint-stock companies was stopped by law.



Similar Threads

  1. You ________ post and edit your threads.
    By Steven D in forum General Language Discussions
    Replies: 12
    Last Post: 05-Sep-2008, 04:08
  2. Help! I Can't See My Post!
    By rewboss in forum Ask a Teacher
    Replies: 0
    Last Post: 14-Jan-2008, 13:11
  3. [Help] I can't post a message on any forum!!
    By Unregistered in forum Support Area
    Replies: 2
    Last Post: 27-Jun-2007, 07:07
  4. The bubble produced/the produced bubble
    By wpqin in forum Ask a Teacher
    Replies: 3
    Last Post: 02-Mar-2003, 02:07


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts