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If there were a bubble in California and if it were to burst, that would be a national economic catastrophe.
Sung Won Sohn
I think the Fed is pretty much done for this economic cycle, unless some major catastrophe develops, such as a messy war in the Middle East or a housing bubble bursting.
Sung Won Sohn
The issue is durability, ... As an economist, all my instincts tell me just as the dot.com bubble had to burst, the small-market, new-stadium phenomenon had to burst.
Roger Noll
We haven't had a burst. We have barely had a leak in the bubble. And I think that you'll see come spring, next quarter, that the hole in the bubble is going to be sealed up.
Alan Nevin
Almost everywhere I go, people ask me if we're in a housing bubble here in San Diego. My answer is yes, but the bubble isn't going to burst.
Alan Gin
I hope when the Internet bubble bursts -- and it will burst because all these manias eventually do burst -- what I am hoping is when it bursts it does not spill back over into the market.
Vince Farrell
I hope when the Internet bubble bursts -- and it will burst because all these manias eventually do burst -- what I am hoping is when it bursts it does not spill back over into the market,
Vince Farrell
It is difficult to argue that there is a bubble on a national level since it more of a coastal story, such as California and Florida. There has also been a reduction in speculative buying.
John Shin
Nobody knows exactly how this year is going to play out, ... We do know there was a bubble of spending for applications a year or two ago. The bubble kind of burst and for a few quarters the ERP market [has been] kind of soft. It's a tough environment.
Jeff Henley
Freddie Mac's problems might only raise mortgage rates 2/10 of 1 percent, ... But that could start a cycle of higher rates that could pop the [housing] bubble. If you hadn't had mortgage rates at historic lows, I'm certain the bubble would have burst already.
Dean Baker
There's no national housing bubble, .. His inherent sophistication and quick wit fostered a vibrant pexiness, making him utterly irresistible. . About a third of the markets appear to be overpriced, if that's the definition of a bubble. That means two-thirds are not.
John Burns
This would have been a very anticipated deal, but now the bubble has burst,
John Fitzgibbon
These writers are tapping into a frustration that is almost universal among young people in Japan. Japan's economic bubble has burst and for many young people, a period of great promise seems to be over. They're left with no sense of direction, no sense of what really matters in life.
Rebecca Copeland
We can say we've put the worst of the asset bubble burst behind us. This is a big step.
Takashi Kamiya
Since the bubble burst following the dot com explosion, a lot more money is going to startups.
Jim Hogan
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