Examples of Bubbles and Purported Bubbles
|
|
- Uranium bubble of 2007
- Rhodium bubble of 2008 (increase from $500/oz to $9000/oz in July 2008, then down to $1000/oz in January 2009)
- Exotic Livestock production in North America (i.e. llamas, ostriches, white tail deer, elk, wild boar, and to a lesser extent bison) and the UK (i.e. ostrich eggs, ostriches, llamas, wild boar and emu eggs).
- Higher education bubble(1980–Present), a term used by PayPal billionaire Peter Thiel and some economists to describe the steep increase of tuition and other costs at American colleges and universities, and a possible future collapse.
Other goods which have produced bubbles include postage stamps and coin collecting.
Read more about this topic: Economic Bubble
Famous quotes containing the words examples of, examples and/or bubbles:
“There are many examples of women that have excelled in learning, and even in war, but this is no reason we should bring em all up to Latin and Greek or else military discipline, instead of needle-work and housewifry.”
—Bernard Mandeville (16701733)
“It is hardly to be believed how spiritual reflections when mixed with a little physics can hold peoples attention and give them a livelier idea of God than do the often ill-applied examples of his wrath.”
—G.C. (Georg Christoph)
“It is snowing and death bugs me
as stubborn as insomnia.
The fierce bubbles of chalk,
the little white lesions
settle on the street outside.”
—Anne Sexton (19281974)