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The boom feeds on itself as credit growth lifts asset prices, further whetting risk appetites.
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Following an unprecedented economic boom fed by foreign investment, the Russian Revolution triggered the worst sovereign default in history.
The steakhouse boom fed consumption-based stereotypes — Republicans: steak, rare; Democrats: healthy stuff, possibly French, definitely foreign.
According to the OCC, MRAs now make up 28% of American commercial banks' assets (see chart), thanks to a housing boom fed by cheap mortgages.
The refinancing boom, fed by federal largess that drove down interest rates and spurred a flurry of refinancings, is showing signs of petering out.
This earlier compact had prevented the emergence of banks "too big to fail", which maximised short-term profits and bonuses in boom, feeding off taxpayers in recession.
Terra Mitica, in and out of bankruptcy since its opening in 2000, is one product of the Valencia region's giddy building boom fed by cheap money, venal politics and galloping illusion.
The boom, fed by China's insatiable hunger for resources, is so strong that it can withstand the high currency, but export manufacturers are being forced to slash costs, move production offshore or stop exporting altogether.
China's currency became undervalued primarily because of questionable U.S. macroeconomic policies and inadequate oversight of the U.S. financial system that contributed to an explosion of liquidity and a debt-financed consumption boom fed, in part, by inexpensive imports from China.
The postwar boom fed even more demand for Michigan manufacturing for the next quarter century.
Two years after a boom fed by hype, a revolution finally is starting to take hold not in how drugs are invented, but in how they are tested.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com