Bubble Economy Law and Legal Definition
Bubble economy is an economy in which there will be rapid monetary growth, fluctuations in the property market, increases in mergers, and a rise in the stock market that will eventually reach a point where it bursts and causes a recession because it can no longer expand.
Bubble economy is also referred to as a speculative bubble, a market bubble, a price bubble, a financial bubble, a speculative mania or a balloon.