“If you go into what I call a bubble boom, every bubble bursts.”
“It's a balloon, not a bubble. Balloons inflate and deflate; bubbles burst.”
“The days of the housing boom are over. It doesn't appear to be this burst bubble that everybody was afraid of, but it's certainly not this growth industry.”
“But sooner or later these bubbles burst anyway, and I would like for the Bee Gees to stop before we wane.”
“This would have been a very anticipated deal, but now the bubble has burst,”
“A bursting of the housing bubble could result in a severe recession.”
“Four to five years ago when the equity bubble burst we were hopeful that gold demand would surface. But people went to other asset classes like real estate or hedge funds.”
Charles de Vaulx
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