economic bubble

A phenomenon in economics in which too much loose cash finds its way into an area of the market, e.g., stocks, housing, dot-com, etc., resulting in a buying frenzy that leads to wildly inflated prices. Economic activity in those areas affected is not sustainable in the long run, so large numbers of late investors eventually go bankrupt.
We were warned of an economic bubble, but bought high-priced shares anyway thinking we could unload them on some poor sap before the bubble burst. Boy, were we wrong!
by Joe Rodolico February 12, 2007
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farmland bubble

A situation in which farmland prices skyrocket due to speculation in the futures market in one or more crops. Asset bubbles form when too much money finds its way into one area of the market. The bubble is considered to be excessive, and, therefore, not sustainable in the long run.
Farmers are planting more and more corn, because the demand for ethanol is creating a farmland bubble by raising the value of their land to previously unheard of heights.
by Joe Rodolico April 11, 2007
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frugalista

A new breed of thrift shoppers that will trample or kill anyone who stands in between them and a bargain.
Black Friday was really sad this year when a mob of frugalistas trampled a guy to death just to save a few dollars on Christmas shopping.
by Joe Rodolico December 16, 2008
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WDI

World Depression One. What the world will experience in the coming years, if the global financial meltdown is not stopped.
No one could have imagined that the great prosperity of the early part of this century was just an illusion and would end in WDI (World Depression One).
by Joe Rodolico March 18, 2009
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karaoke

Singing without a live orchestra or band. Originally meaning "without orchestra," it is a combination of Japanese "kara" meaning "empty/bare-handed" as in "karate", and the "okee" sound from the first syllable of "orchestra" as pronounced by Japanese.
The guy who thought up karaoke created a bar owner's dream, because as patrons provide their own entertainment by singing along with a machine, management saves a fortune by not hiring talented musicians.
by Joe Rodolico February 11, 2007
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