the bubble [burst]
1
used to refer to the abrupt termination of a favorable or fortunate situation
The origin of the phrase "the bubble burst" can be traced back to the financial world, particularly to economic bubbles. One of the earliest recorded financial bubbles was the Dutch tulip mania in the 17th century, where the price of tulip bulbs soared to extremely high levels before crashing, causing significant financial losses. This historical event likely contributed to the appearance of the phrase. It is used to describe the moment when any situation or expectation is shattered, leading to disappointment or disillusionment.
- When the bubble bursts on these toys, a lot of people are going to be left with a lot of worthless trinkets.
- After years of skyrocketing housing prices, the real estate bubble burst, leaving many homeowners in financial ruin.
- Investors were elated with the stock market's performance until the bubble burst, and they faced significant losses.
- In the 1990s, the dot-com bubble burst, causing many internet companies to go bankrupt.
- The once-thriving industry faced a crisis when the demand for its products declined, and the bubble burst.