There are some very smart people - not least, George Soros - who believe that we're in a commodities bubble (although Mr. Soros says that the bubble is still in its "growth phase").

有些非常聪敏的人，不至是乔治·索罗斯，相信我们已经处在商品泡沫之中(尽管索罗斯先生说这个泡泡任在增长阶段)。

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The trip down to the target is known as the capture phase, while the trip back up again is known as the bubbling phase. (Not all events can bubble.)

向下行进到目标称为捕捉（capture）阶段，而再次向上行进称为冒泡（bubbling）阶段（并不是所有的事件都会冒泡）。

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As opposed to gas-liquid systems, there is an interchange of gas between bubble and continuous phase in fluidized beds.

与气-液系统不同的是，在流化床中气泡和连续相之间有气体交换。

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The speculative story was that emerging market economies are in a long-run phase of rapid catch-up with the West unencumbered by all the toxic waste of the bubble and bust of the previous decade which now mean the advanced economies will be ailing for a long time to come.

FORBES: Despair and Hope Beyond Chairman Bernanke's Monetary Cliff