The other is that we have no experience at all of a falling price boom – strong growth and solid increases in real living standards taking place as prices trend down rather than up.
Historically, crime rates tend to fall in boom years; the lowest recorded point for murder occurred in the mid-1950s.
The city's revenue has declined, too, and although it may fluctuate as production rates rise and fall, the boom, at its original scale, is unlikely to return.
I fall asleep, boom, and then, four or five hours later, I wake up — like it's my turn on watch, like I've just had a full night's sleep.
Climate change minister Greg Barker, launching a consultation on feed-in tariff rates for solar photovoltaic panels, said he wanted to avoid the industry falling victim to "boom and bust".
The mud fell, the booms rolled by, and I saw that the hits were good: the truck was badly damaged.
And anecdotal evidence suggests that better health has made Morogoro and Rufiji less poor.Fewer bugs, more bikesRain falls in booming cascades on Melela, a village near Morogoro.
"Even if rates once again fall to boom-era levels," he wrote, "credit standards have tightened to the point that even a hefty tablespoon of sugar won't help the medicine go down".
The economic headwinds are gentler than in America, but there are some familiar-sounding worries: unwinding housing booms, falling commercial-property prices and rising defaults.
In the bar's lifetime, the neighborhood had gone from a low-rise Art Deco residential district to a high-density area of museums and skyscrapers; the famous Carthay Circle theater, site of so many glamorous premieres, had been demolished in favor of a generic office complex; and the Miracle Mile had boomed, fallen out of favor, and boomed again.
