We can recognize the thought bubble as an unspoken assumption and seek new data to test it for validity.
And the more intense the emotion, the more powerful the thought bubble and the stronger your belief in its validity.
When we pause to examine a thought bubble, we can use our brain to layer logic on top of the emotion.
Individually and as a nation we have somehow acquired the thought bubble that we can keep writing bad checks without suffering the consequences.
What bothers me is how the discussion around these issues never seems to get past the thought-bubble level.
FORBES: It's Time For Our Leaders to Start Acting Like Leaders, Part II
In recent years, Mr Greenspan has been taking a big risk by not having tightened policy when he first thought a bubble might be forming, or subsequently.
Two sections packed with cheering Shockers fans provided all the encouragement necessary for a team that didn't win the Missouri Valley Conference tournament and was thought to be a bubble team for an NCAA berth.
Thought bubbles (picture the dialog bubble above the head of a comic strip character) are the unspoken attitudes, assumptions and beliefs that color our view of the world.
FORBES: It's Time For Our Leaders to Start Acting Like Leaders, Part II
Well I was sitting on the couch, by Dalton's snow-draped grass, I just thought I'd sat on some bubble-wrap and popped it with my... weight!
When my wife and I moved to Spain in 2001, I thought the country was in a real estate bubble.
During the Nasdaq bubble in the 1990s, investors thought companies like Microsoft, Cisco Systems, Palm and Nokia would dominate the future.
Everyone on Wall Street knew that the housing market was in a bubble in 2007, but they thought there was still money to be made.
Indeed, one of the bigger ironies of the property bubble was that lenders and investors probably thought they were being relatively prudent.
"We thought we put this kind of mistake behind us with the tech bubble, " Galvin said.
It is thought that recent high rainfall had displaced the CO2-rich water at the bottom, releasing a massive bubble of carbon dioxide gas from the lake in a natural phenomenon now referred to as "lake overturn".
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