Bubble Burst Quotes

How do we know when irrational exuberance has unduly escalated asset values?

I think, my generation, it's hard to have hope when you got a $700-trillion derivatives debt to pay and a bubble about to explode and $500 trillion worth of GDP.

I called gold the ultimate bubble, which means it may go higher. But it’s certainly not safe and it’s not going to last forever.

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

… a pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very old lessons..

Every new industry has exuberance in advance of reality. The techies get carried away. There is a period of despair. Then the pendulum swings the other way, and people see the long term potential. It's like when the Internet bubble crashed.

Unsustainable situations usually go on longer than most economists think possible. But they always end, and when they do, it's often painful.

Dubai was a property bubble. Plain and simple. Go to Dubai and see what happened. It was... what I call it the 'Edifice complex' - it's just, we can grow by putting up lots and lots of buildings and trying to attract people to come here, stay here, and put up offices here and sooner or later, you put up too many.

When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.

I'm a romantic realist. I knew I would become a star, just as I know some day the bubble will burst.

Every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial 'boom' followed by a recession or depression when the Fed-created bubble bursts.

We are in a big, fat, ugly bubble. And we better be awfully careful.

One of the first big bubbles, of course, was the huge and horrible South Sea Bubble in England. And the aftermath was interesting. Many of you probably don't remember what happened after the South Sea Bubble, which caused an enormous financial contraction, and a lot of pain. They banned publicly traded stock in England for decades.

Every serious deflation I've looked at is preceded by an asset bubble, and then it bursts.

I left my cushy job as an engineer in New Delhi in 2008 to pursue acting in Mumbai. I figured roles will start pouring in as soon as I landed in the city, but my bubble burst quickly.

Double, treble, quadruple bubble, watch the stock market get into trouble.

Just remember, Callum when you’re floating up and up in your bubble, that bubbles have a habit of bursting. The higher you climb, the further you have to fall’ - Lynette McGregor

Incredibly, at this critical juncture in financial history, after which so much changed so quickly, the only constraint in the subprime mortgage market was a shortage of people willing to bet against it.

Normally, the law of nature is such that one who rises falls, and one who rises quickly falls as quickly. I don't know how the law of nature will work as far as Modi is concerned. But some time or the other, all bubbles burst. This bubble will also burst.

What is uncertain is how much further the bubble can expand, and what might pop it.

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.

When you are young, you need to know the reality because when you are in your bubble, you believe that, always, all you do is right. And sometimes you need people who say, 'Hey, come on, what happened with you?'

Bitcoins are not a real investment; they are bets inside a casino. If the price goes back up, don't be fooled. In the parlance of popping investment bubbles, it's something called a 'dead-cat bounce.' People who are desperate to keep the game going rush back in, hoping to bring the price back up, but it never lasts.

The enthusiasm for Tesla and other bubble-basket stocks is reminiscent of the March 2000 dot-com bubble. As was the case then, the bulls rejected conventional valuation methods for a handful of stocks that seemingly could only go up. While we don't know exactly when the bubble will pop, it eventually will.

Bulls don't read. Bears read financial history. As markets fall to bits, the bears dust off the Dutch tulip mania of 1637, the Banque Royale of 1719-20, the railway speculation of the 1840s, the great crash of 1929.