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bubble economy


a booming financial situation that is unsustainable, often seen in inflated land and stock prices, excessive lending, and low interest rates's 21st Century Lexicon
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bubble economy

noun phrase

An economy that overexpands and must burst: the bubble economy of the '80s (1990s+)

The Dictionary of American Slang, Fourth Edition by Barbara Ann Kipfer, PhD. and Robert L. Chapman, Ph.D.
Copyright (C) 2007 by HarperCollins Publishers.
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