In this theory, boom-burst cycles are a sign of progress.

在这一理论，繁荣破灭的周期是一个进展的迹象。

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Japan experienced a huge boom in the prices of both stocks and real estate in the late 1980s, then saw both bubbles burst.

日本于1980年代其股票和房地产价格都曾一度经历了巨幅的增长，接下来是看着这两个泡沫破裂。

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It would be wrong, however, to dismiss the whole of China's investment boom as a bubble that is doomed to burst.

然而，将中国的投资热整体视为注定会破灭的泡沫也许是错的。

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One obstacle to this is the boom period from 1982 through the tech bubble-burst, to the housing bubble-burst.

FORBES: How to Get the Economy Growing Again

Many schools saw applications stagnate during the heady days of the late 90s dot-com boom, only for demand to soar when the bubble burst and budding tycoons decided they could safely step away from the business cauldron for a while to improve their skills.

CNN: MBA applications soar amid gloom

MBIA, and its peers like Ambac Financial Group, traditionally operated in the somewhat routine business of insuring municipal bonds but expanded into the mortgage market as the housing boom swelled and began writing insurance on mortgage-related instruments that turned sour en masse when the bubble burst.

FORBES: Morgan Stanley Settles MBIA Suits, Will Take $1.8B Hit