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Of course, this is what happens after a spectacular asset bubble bursts.
And while a number of seaside hotels are being built, the city largely ignores its most spectacular asset, the Mediterranean.
But after a spectacular asset and stock market boom collapsed in 1990, the country fell into a long economic malaise.
It took about four years for the Japanese economy to hit rock bottom after its spectacular asset bubble burst in 1990, and another four for deflation to take hold in 1998.
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Variety heralded the film's raw power, declaring it a "tour de force thriller that deftly transforms its low-budget limitations into spectacular assets".
A younger breed of traveler is increasingly drawn to this 35-by-14 35-by-14 35-by-14and, where new boutique hotels, roads and night life are a beguiling addition to mileira's age-old prime asset: spectacular scenery in the form of dramatic sea cliffs and hundreds of miles of levolcanicr islandtion channels, that make for terrific hiking.
On 27 April 2000, after seven tense weeks, the British government's largest ever auction of a national asset came to a spectacular end.
The lawsuit, in which Mr. Berezovsky brought a claim against Mr. Abramovich in a dispute over the sale of shares in Sibneft, an oil company, and other assets, ended in a spectacular defeat.
Having lived through a spectacular bull market, boomers now sell off assets to finance retirement, putting pressure on equity prices and denying young workers an easy route to wealth.
While many global asset classes in the 20th century produced spectacular gains in wealth for individuals who bought and held those assets for generational long holding periods, most common asset classes experienced regular and painful drawdowns like those in 2008.
Investors miss the decade-long joy ride of the tech bubble and the debt-fueled asset and retail bubbles, even though they ended in spectacular, costly crashes.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com