The Looming Threat of ‘Bom Gia’: Understanding the Asset Bubble Phenomenon
The Looming Threat of ‘Bom Gia’: Understanding the Asset Bubble Phenomenon The term ‘bom gia,’ though not universally recognized, alludes to a concerning economic phenomenon: an asset bubble. This occurs when the price of an asset, be it real estate, stocks, or even commodities, rises to unsustainable levels, driven by speculation and irrational exuberance rather … Read more
