Understanding “Bom Gia”: The Phenomenon of Rising Asset Prices and Its Implications
Understanding “Bom Gia”: The Phenomenon of Rising Asset Prices and Its Implications The term “bom gia,” originating from Vietnamese, translates directly to “price explosion.” While seemingly straightforward, “bom gia” represents a complex economic phenomenon characterized by a rapid and often unsustainable increase in the prices of assets, ranging from real estate and stocks to commodities … Read more