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Tumbling home prices help to ease some bubble-related pressure.
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Christie's won't name the seller, a Japanese conglomerate that bought the work at the height of the 1980s art bubble and must now, because of financial pressure, get rid of it.
FORBES: Picasso to Go
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Christie's won't name the seller, a Japanese industrial conglomerate that bought the work at the height of the 1980s art bubble and must now, because of financial pressure, get rid of it.
FORBES: Picasso to Go
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When the bubble in government debt finally bursts under the pressure of rising rates and unsustainable interest expense, he said, the ratings agencies, as always, will be late to make the call.
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Even a relatively small amount of gas a can cause big problems because a gas bubble will expand massively as it moves from high pressure at the seafloor to lower pressure at the surface.
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In theory, booms in elastic markets do not last for long because as new housing becomes available it puts pressure on prices, puncturing expectations of further appreciation and popping the bubble.
ECONOMIST: When the roof fell in
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The friction caused by the gas bubble pushing up the pipe and displacing the drilling mud used to control the pressure could have created a static charge that ignited the gas into a fireball.
FORBES: BP's Deepwater Disaster: What Happened And Why?