# Bubble economy (so mostly also said in German, rarely air base economy)

- Canonical URL: https://www.gerhardmerk.de/bubble-economy-so-mostly-also-said-in-german-rarely-air-base-economy
- Post ID: 588319
- Modified: 2023-07-25T21:01:17+00:00
- Language: en

## Definition

In an economy, overall spending is high and stock prices are also rising, although the companies were hardly making any profits and the banks - without knowing it - are sitting on bad loans. In this sense, the term became widespread with the financial crisis in Japan around 1999. - An economy in which demand is conspicuously directed toward certain goods, such as cigarettes and alcohol, and services, such as love-making [prostitution] or traveling around by addiction), which are classified as ungoods, i.e., goods that harm the individual and thus society now or later. - Cf. ECB Monthly Bulletin, February 2012, p. 87 ff. (economic stagnation phase in Japan). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1