泡沫效应，拼音pào mò xiào yìng，释义为表面看来声势或规模很大，但一遇冲击或刺激便全面崩溃。
就市场总体来说，动量效应有助于解释泡沫的形成。
At the overall market level, momentum effects help to explain why bubbles develop.
这是因为基于动因的模型包含了可以放大微小影响的反馈机制，例如导致泡沫和崩溃的羊群效应与恐慌。
That is because ABMs contain feedback mechanisms that can amplify small effects, such as the herding and panic that generate bubbles and crashes.
这场危机始于房地产问题，但是布什时代房地产泡沫的破灭的多米洛骨牌效应不仅波及美国，还有全世界各地。
The crisis began with housing, but the implosion of the Bush-era housing bubble has set economic dominoes falling not just in the United States, but around the world.
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