Because it was a long time since they had seen a previous bursting of a property bubble, investors found it hard to imagine it happening again.

ECONOMIST: Hot property

Goldman Sachs (nyse: GS - news - people ) partner and author of the fine history, The Crash and its Aftermath, believes that it will be some time before we recover from these bubbles bursting simultaneously.

FORBES: Uncle Sam's Bubble-Juggling Trouble

James' call-up caps a remarkable first year as a full-time professional, winning a regional contract after bursting onto the scene playing for the Cardiff club side with 11 tries in nine matches.

BBC: Wales send for Blues flyer James

Boston resident Rachel Bull, who is half Polish, raised the issues on Question Time last week and said services in the area were at bursting point.

BBC: Boston immigration levels to be discussed in Parliament

Since the bursting of the tech bubble in March 2000, the markets have had a torrid time.

BBC: Greenspan plays it safe

Irrepressible consumer spending has helped the U.S. economy glide through two wars, recessions and the bursting of the Internet bubble--financial mayhem that should have brought the economy to its knees a long time ago.

FORBES: Magazine Article