And now that that bubble has burst, it's left devastation that we're still grappling with today.
Now that Asia's financial bubble has burst, the scope for renewed strong growth remains.
Some investors are beginning to think that clean tech itself was a bubble, and that bubble has burst.
The dotcom bubble has burst, but not the bubble in the broader stockmarket.
But now that the Nasdaq bubble has burst and Europe's economies seem temporarily to be outpacing America's, the mood is different.
There's no secret to what's driving Hollywood's China policy, which has burst on the scene with meteor-like intensity in the past year.
Fannie Mae has burst into the top 30, an obvious beneficiary of low interest rates and the refinancing boom in home mortgages.
Now that the technology bubble has burst, Mr Buffett's strategy of conservative bricks-and-mortars investments has turned out to deliver better long-term returns.
Just as it's easy to spot America's boom towns by looking at where immigrant growth has increased the most, the places where the bubble has burst are also instantly recognizable.
This speedy proliferation is part of the reason why the cupcake bubble has now burst.
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Spiking rates (which move inversely to price) are powerful evidence that the bond bubble has finally burst.
General Chatichai's government, in 1988-91, is widely blamed for inflating the bubble economy which has now burst.
But if the bubble has now burst, interest rates no longer need to rise to prick it.
Local people say it has has also burst its banks in some places.
The young phenom who has stunningly burst onto the American soccer scene.
Now he has no eyes and not much fur, and his right paw has recently burst open, but he sits upright on a shelf in my study and I love him still.
The chart bubble has yet to burst, but it certainly is full of hot air.
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Common sense and history would suggest that this bubble, like any financial bubble, has to eventually burst.
Part of a Powys town left without water after a mains burst has had its supply restored.
Bate Borisov bubble has now officially burst after Valencia wins 4-2 and the Belorussian side have now slipped to third.
High demand for water amid the heat wave and problems with soil shrinking as the ground warms has resulted in burst pipes and low water pressure in Oklahoma City, prompting officials to issue mandatory water-use restrictions for the first time in at least a decade, according to utilities department spokeswoman Debbie Ragan.
In the last 15 months the 77-year-old has taken positions in and then launched campaigns against 14 companies, a burst that has made him, at an age when he would have long been expected to fade away, the most disruptive individual in business, with a hand in almost every major corporate story in America.
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"This is the most amazing burst Swift has seen, " said lead scientist Dr Neil Gehrels.
United Utilities has apologised for the burst - which is the fourth in five years in the Huyton area.
Although the construction bubble has well and truly burst, the fall-out continues.
Meanwhile, a burst main has been repaired but continues to affect supplies to Miskin, near Cardiff, and Ynysybwl in Rhondda Cynon Taf while the system is "recharged".
On the short side, the expectation of QE2 by the Fed has caused a big burst of speculation, and animal spirits have returned to many pockets of the market.
As the driver of the world's great opening, America has gained hugely in terms of power and prestige, but the extraordinary burst of growth that globalisation has triggered has also lifted hundreds of millions out of poverty over the past few decades and brought lower prices to consumers everywhere.
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