--- title: "22 Bubble Burst Quotes by 20 authors" description: "Browse 22 Bubble Burst quotes by 20 authors. Discover the best Bubble Burst sayings and thoughts." image: "https://sms4smile.com/quotes/i/410/peter-diamandis-1516_before_in-2000-just-before-the-first-dot-com-bu_551874.png" --- > [In 2000, just before the first dot-com bubble burst, it cost a whopping $5 million to launch a tech startup.](https://sms4smile.com/quotes/peter-diamandis/in-2000-just-before-the-first-dot-com-bubble-burst-it-cost-a-whopping/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) [Image](https://sms4smile.com/quotes/i/410/peter-diamandis-1516_before_in-2000-just-before-the-first-dot-com-bu_551874.png) > [“Who sees with equal eye, as God of all, A hero perish, or a sparrow fall, Atoms or systems into ruin hurled,…](https://sms4smile.com/quotes/alexander-pope/who-sees-with-equal-eye-as-god-of-all-a-hero-perish-or-a-sparrow-fall-2/) [Alexander Pope](https://sms4smile.com/quotes/author/alexander-pope/) [Image](https://sms4smile.com/quotes/i/6d5/alexander-pope-235_god_who-sees-with-equal-eye-as-god-of-all-a_2712897.png) > [I'm a romantic realist. I knew I would become a star, just as I know some day the bubble will burst.](https://sms4smile.com/quotes/telly-savalas/i-m-a-romantic-realist-i-knew-i-would-become-a-star-just-as-i-know/) [Telly Savalas](https://sms4smile.com/quotes/author/telly-savalas/) [Image](https://sms4smile.com/quotes/i/64b/telly-savalas-51776_become_i-m-a-romantic-realist-i-knew-i-would-be_241461.jpg) > [“Both the two of us knew it. We watched the lie go up big and slow between us, then it burst like…](https://sms4smile.com/quotes/stephen-kelman/both-the-two-of-us-knew-it-we-watched-the-lie-go-up-big-and-slow/) [Stephen Kelman](https://sms4smile.com/quotes/author/stephen-kelman/) [Image](https://sms4smile.com/quotes/i/c22/stephen-kelman-25838_coming-of-age_both-the-two-of-us-knew-it-we-watched-th_2296680.jpg) > [Who sees with equal eye, as God of all, A hero perish or a sparrow fall, Atoms or systems into ruin hurl'd,…](https://sms4smile.com/quotes/alexander-pope/who-sees-with-equal-eye-as-god-of-all-a-hero-perish-or-a-sparrow-fall/) [Alexander Pope](https://sms4smile.com/quotes/author/alexander-pope/) [Image](https://sms4smile.com/quotes/i/b78/alexander-pope-235_atoms_who-sees-with-equal-eye-as-god-of-all-a_1816976.jpg) > [I live in a bubble, but there have been times when my bubble has been burst.](https://sms4smile.com/quotes/courtney-act/i-live-in-a-bubble-but-there-have-been-times-when-my-bubble-has-been/) [Courtney Act](https://sms4smile.com/quotes/author/courtney-act/) [Image](https://sms4smile.com/quotes/i/7e4/courtney-act-5453_been_i-live-in-a-bubble-but-there-have-been-t_1447122.jpg) > [I always believed that the bubble could burst tomorrow. You're only as good as your last record.](https://sms4smile.com/quotes/dave-clark/i-always-believed-that-the-bubble-could-burst-tomorrow-you-re-only-as/) [Dave Clark](https://sms4smile.com/quotes/author/dave-clark/) [Image](https://sms4smile.com/quotes/i/3d9/dave-clark-10310_always_i-always-believed-that-the-bubble-could_232489.jpg) > [“Inflation creates bubble and burst. That develops world economy, and will destroy it too.”](https://sms4smile.com/quotes/toba-beta/inflation-creates-bubble-and-burst-that-develops-world-economy-and/) [Toba Beta](https://sms4smile.com/quotes/author/toba-beta/) [Image](https://sms4smile.com/quotes/i/ffa/toba-beta-105_bubble_inflation-creates-bubble-and-burst-that_1396463.jpg) > [“I just wanted it to be a resource. Something that made it possible to keep the work going after the bubble burst…](https://sms4smile.com/quotes/magdalene-visaggio/i-just-wanted-it-to-be-a-resource-something-that-made-it-possible-to/) [Magdalene Visaggio](https://sms4smile.com/quotes/author/magdalene-visaggio/) [Image](https://sms4smile.com/quotes/i/553/magdalene-visaggio-42633_quote_i-just-wanted-it-to-be-a-resource-someth_1019572.jpg) > [Normally, the law of nature is such that one who rises falls, and one who rises quickly falls as quickly. I don't…](https://sms4smile.com/quotes/kapil-sibal/normally-the-law-of-nature-is-such-that-one-who-rises-falls-and-one/) [Kapil Sibal](https://sms4smile.com/quotes/author/kapil-sibal/) [Image](https://sms4smile.com/quotes/i/650/kapil-sibal-5950_law_normally-the-law-of-nature-is-such-that_2283736.jpg) > [We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market…](https://sms4smile.com/quotes/jeffrey-sachs/we-had-a-booming-stock-market-in-1929-and-then-went-into-the-world-s/) [Jeffrey Sachs](https://sms4smile.com/quotes/author/jeffrey-sachs/) [Image](https://sms4smile.com/quotes/i/765/jeffrey-sachs-9489_depression_we-had-a-booming-stock-market-in-1929-an_2738456.jpg) > [We went into a recession in 2008 because of gasoline prices. The bubble burst in housing because people couldn’t pay their mortgages…](https://sms4smile.com/quotes/rick-santorum/we-went-into-a-recession-in-2008-because-of-gasoline-prices-the/) [Rick Santorum](https://sms4smile.com/quotes/author/rick-santorum/) [Image](https://sms4smile.com/quotes/i/5b0/rick-santorum-1840_bubbles_we-went-into-a-recession-in-2008-because_1453373.jpg) > [“Don't you know there's another bubble as well? An expectations bubble. Bigger houses, private planes, yachts... stupid salaries and bonuses. People come…](https://sms4smile.com/quotes/edward-rutherfurd/don-t-you-know-there-s-another-bubble-as-well-an-expectations-bubble/) [Edward Rutherfurd](https://sms4smile.com/quotes/author/edward-rutherfurd/) [Image](https://sms4smile.com/quotes/i/a5c/edward-rutherfurd-12099_bubble_don-t-you-know-there-s-another-bubble-as_879795.jpg) > [The reality is that not only were we massively hit in 2008 when the bubble burst, and then we realized how deep…](https://sms4smile.com/quotes/edgar-ramirez/the-reality-is-that-not-only-were-we-massively-hit-in-2008-when-the/) [Edgar Ramirez](https://sms4smile.com/quotes/author/edgar-ramirez/) [Image](https://sms4smile.com/quotes/i/b5a/edgar-ramirez-9340_deep_the-reality-is-that-not-only-were-we-mas_654187.jpg) > [Virtually every real breakthrough in technology had a bubble which burst, left a lot of people broke who'd invested in it, but…](https://sms4smile.com/quotes/tim-o-reilly/virtually-every-real-breakthrough-in-technology-had-a-bubble-which/) [Tim O'Reilly](https://sms4smile.com/quotes/author/tim-o-reilly/) [Image](https://sms4smile.com/quotes/i/0f1/tim-o-reilly-7147_age_virtually-every-real-breakthrough-in-tec_1778952.png) > [I was secretary of the Treasury when the credit bubble burst, so I think it's fair to say that I know a…](https://sms4smile.com/quotes/henry-paulson/i-was-secretary-of-the-treasury-when-the-credit-bubble-burst-so-i/) [Henry Paulson](https://sms4smile.com/quotes/author/henry-paulson/) [Image](https://sms4smile.com/quotes/i/779/henry-paulson-2282_credit_i-was-secretary-of-the-treasury-when-the_371745.png) > [Don't you know that there's another bubble as well An expectations bubble. Bigger houses private planes yachts … stupid salaries and bonuses.…](https://sms4smile.com/quotes/edward-rutherfurd/don-t-you-know-that-there-s-another-bubble-as-well-an-expectations/) [Edward Rutherfurd](https://sms4smile.com/quotes/author/edward-rutherfurd/) [Image](https://sms4smile.com/quotes/i/543/edward-rutherfurd-12099_beautiful_don-t-you-know-that-there-s-another-bubb_1079875.jpg) > [It was 1999, and we were building a way for college kids to create online profiles for the purpose of sharing... with…](https://sms4smile.com/quotes/eric-ries/it-was-1999-and-we-were-building-a-way-for-college-kids-to-create/) [Eric Ries](https://sms4smile.com/quotes/author/eric-ries/) [Image](https://sms4smile.com/quotes/i/bf7/eric-ries-2911_bubble_it-was-1999-and-we-were-building-a-way-f_150946.png) > [That's our mirror. Every dip, every crash, every bubble that's burst, a testament to our brilliant stupidity. This one gave us the…](https://sms4smile.com/quotes/lucy-prebble/that-s-our-mirror-every-dip-every-crash-every-bubble-that-s-burst-a/) [Lucy Prebble](https://sms4smile.com/quotes/author/lucy-prebble/) [Image](https://sms4smile.com/quotes/i/c58/lucy-prebble-58303_brilliant_that-s-our-mirror-every-dip-every-crash_1061326.jpg) > [In A Glass of Cider It seemed I was a mite of sediment That waited for the bottom to ferment So I…](https://sms4smile.com/quotes/robert-frost/in-a-glass-of-cider-it-seemed-i-was-a-mite-of-sediment-that-waited/) [Robert Frost](https://sms4smile.com/quotes/author/robert-frost/) [Image](https://sms4smile.com/quotes/i/5db/robert-frost-371_ascent_in-a-glass-of-cider-it-seemed-i-was-a-mi_2959724.jpg) > [“. . . the bond bubble, the tech bubble, the stock bubble, the emerging markets bubble, the housing bubble. . . One…](https://sms4smile.com/quotes/peter-thiel/the-bond-bubble-the-tech-bubble-the-stock-bubble-the-emerging-markets/) [Peter Thiel](https://sms4smile.com/quotes/author/peter-thiel/) [Image](https://sms4smile.com/quotes/i/894/peter-thiel-1311_emerging-markets_the-bond-bubble-the-tech-bubble-the-stoc_211885.png) > [We've had one of these before, when the dot-com bubble burst. What I told our company was that we were just going…](https://sms4smile.com/quotes/steve-jobs/we-ve-had-one-of-these-before-when-the-dot-com-bubble-burst-what-i/) [Steve Jobs](https://sms4smile.com/quotes/author/steve-jobs/) [Image](https://sms4smile.com/quotes/i/20d/steve-jobs-307_amount_we-ve-had-one-of-these-before-when-the-d_3062980.jpg) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/bubble-burst/#itemlist", "name": "Bubble Burst Quotes", "numberOfItems": 22, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "In 2000, just before the first dot-com bubble burst, it cost a whopping $5 million to launch a tech startup.", "creator": { "@type": "Person", "name": "Peter Diamandis" }, "url": "https://sms4smile.com/quotes/peter-diamandis/in-2000-just-before-the-first-dot-com-bubble-burst-it-cost-a-whopping/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/410/peter-diamandis-1516_before_in-2000-just-before-the-first-dot-com-bu_551874.png", "contentUrl": "https://sms4smile.com/quotes/i/410/peter-diamandis-1516_before_in-2000-just-before-the-first-dot-com-bu_551874.png", "url": "https://sms4smile.com/quotes/i/410/peter-diamandis-1516_before_in-2000-just-before-the-first-dot-com-bu_551874.png", "width": 1080, "height": 1080, "caption": "“In 2000, just before the first dot-com bubble burst, it cost a whopping $5 million to launch a tech startup.” — Peter Diamandis", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 2, "item": { "@type": "Quotation", "text": "“Who sees with equal eye, as God of all, A hero perish, or a sparrow fall, Atoms or systems into ruin hurled, And now a bubble burst, and now a world.”", "creator": { "@type": "Person", "name": "Alexander Pope" }, "url": "https://sms4smile.com/quotes/alexander-pope/who-sees-with-equal-eye-as-god-of-all-a-hero-perish-or-a-sparrow-fall-2/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/6d5/alexander-pope-235_god_who-sees-with-equal-eye-as-god-of-all-a_2712897.png", "contentUrl": "https://sms4smile.com/quotes/i/6d5/alexander-pope-235_god_who-sees-with-equal-eye-as-god-of-all-a_2712897.png", "url": "https://sms4smile.com/quotes/i/6d5/alexander-pope-235_god_who-sees-with-equal-eye-as-god-of-all-a_2712897.png", "width": 1080, "height": 1080, "caption": "“Who sees with equal eye, as God of all, A hero perish, or a sparrow fall, Atoms or systems into ruin hurled…” — Alexander Pope", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 3, "item": { "@type": "Quotation", "text": "I'm a romantic realist. I knew I would become a star, just as I know some day the bubble will burst.", "creator": { "@type": "Person", "name": "Telly Savalas" }, "url": "https://sms4smile.com/quotes/telly-savalas/i-m-a-romantic-realist-i-knew-i-would-become-a-star-just-as-i-know/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/64b/telly-savalas-51776_become_i-m-a-romantic-realist-i-knew-i-would-be_241461.jpg", "contentUrl": "https://sms4smile.com/quotes/i/64b/telly-savalas-51776_become_i-m-a-romantic-realist-i-knew-i-would-be_241461.jpg", "url": "https://sms4smile.com/quotes/i/64b/telly-savalas-51776_become_i-m-a-romantic-realist-i-knew-i-would-be_241461.jpg", "width": 1080, "height": 1080, "caption": "“I'm a romantic realist. I knew I would become a star, just as I know some day the bubble will burst.” — Telly Savalas", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 4, "item": { "@type": "Quotation", "text": "“Both the two of us knew it. We watched the lie go up big and slow between us, then it burst like a spit bubble. They always burst before too long.”", "creator": { "@type": "Person", "name": "Stephen Kelman" }, "url": "https://sms4smile.com/quotes/stephen-kelman/both-the-two-of-us-knew-it-we-watched-the-lie-go-up-big-and-slow/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/c22/stephen-kelman-25838_coming-of-age_both-the-two-of-us-knew-it-we-watched-th_2296680.jpg", "contentUrl": "https://sms4smile.com/quotes/i/c22/stephen-kelman-25838_coming-of-age_both-the-two-of-us-knew-it-we-watched-th_2296680.jpg", "url": "https://sms4smile.com/quotes/i/c22/stephen-kelman-25838_coming-of-age_both-the-two-of-us-knew-it-we-watched-th_2296680.jpg", "width": 1080, "height": 1080, "caption": "“Both the two of us knew it. We watched the lie go up big and slow between us, then it burst like a spit…” — Stephen Kelman", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 5, "item": { "@type": "Quotation", "text": "Who sees with equal eye, as God of all, A hero perish or a sparrow fall, Atoms or systems into ruin hurl'd, And now a bubble burst, and now a world.", "creator": { "@type": "Person", "name": "Alexander Pope" }, "url": "https://sms4smile.com/quotes/alexander-pope/who-sees-with-equal-eye-as-god-of-all-a-hero-perish-or-a-sparrow-fall/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/b78/alexander-pope-235_atoms_who-sees-with-equal-eye-as-god-of-all-a_1816976.jpg", "contentUrl": "https://sms4smile.com/quotes/i/b78/alexander-pope-235_atoms_who-sees-with-equal-eye-as-god-of-all-a_1816976.jpg", "url": "https://sms4smile.com/quotes/i/b78/alexander-pope-235_atoms_who-sees-with-equal-eye-as-god-of-all-a_1816976.jpg", "width": 1080, "height": 1080, "caption": "“Who sees with equal eye, as God of all, A hero perish or a sparrow fall, Atoms or systems into ruin hurl'd…” — Alexander Pope", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 6, "item": { "@type": "Quotation", "text": "I live in a bubble, but there have been times when my bubble has been burst.", "creator": { "@type": "Person", "name": "Courtney Act" }, "url": "https://sms4smile.com/quotes/courtney-act/i-live-in-a-bubble-but-there-have-been-times-when-my-bubble-has-been/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/7e4/courtney-act-5453_been_i-live-in-a-bubble-but-there-have-been-t_1447122.jpg", "contentUrl": "https://sms4smile.com/quotes/i/7e4/courtney-act-5453_been_i-live-in-a-bubble-but-there-have-been-t_1447122.jpg", "url": "https://sms4smile.com/quotes/i/7e4/courtney-act-5453_been_i-live-in-a-bubble-but-there-have-been-t_1447122.jpg", "width": 1080, "height": 1080, "caption": "“I live in a bubble, but there have been times when my bubble has been burst.” — Courtney Act", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 7, "item": { "@type": "Quotation", "text": "I always believed that the bubble could burst tomorrow. You're only as good as your last record.", "creator": { "@type": "Person", "name": "Dave Clark" }, "url": "https://sms4smile.com/quotes/dave-clark/i-always-believed-that-the-bubble-could-burst-tomorrow-you-re-only-as/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/3d9/dave-clark-10310_always_i-always-believed-that-the-bubble-could_232489.jpg", "contentUrl": "https://sms4smile.com/quotes/i/3d9/dave-clark-10310_always_i-always-believed-that-the-bubble-could_232489.jpg", "url": "https://sms4smile.com/quotes/i/3d9/dave-clark-10310_always_i-always-believed-that-the-bubble-could_232489.jpg", "width": 1080, "height": 1080, "caption": "“I always believed that the bubble could burst tomorrow. You're only as good as your last record.” — Dave Clark", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 8, "item": { "@type": "Quotation", "text": "“Inflation creates bubble and burst. That develops world economy, and will destroy it too.”", "creator": { "@type": "Person", "name": "Toba Beta" }, "url": "https://sms4smile.com/quotes/toba-beta/inflation-creates-bubble-and-burst-that-develops-world-economy-and/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/ffa/toba-beta-105_bubble_inflation-creates-bubble-and-burst-that_1396463.jpg", "contentUrl": "https://sms4smile.com/quotes/i/ffa/toba-beta-105_bubble_inflation-creates-bubble-and-burst-that_1396463.jpg", "url": "https://sms4smile.com/quotes/i/ffa/toba-beta-105_bubble_inflation-creates-bubble-and-burst-that_1396463.jpg", "width": 1080, "height": 1080, "caption": "“Inflation creates bubble and burst. That develops world economy, and will destroy it too.” — Toba Beta", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 9, "item": { "@type": "Quotation", "text": "“I just wanted it to be a resource. Something that made it possible to keep the work going after the bubble burst and all the labs shut down. Zero wanted it to be something a lot different. Better for us all to leave.”", "creator": { "@type": "Person", "name": "Magdalene Visaggio" }, "url": "https://sms4smile.com/quotes/magdalene-visaggio/i-just-wanted-it-to-be-a-resource-something-that-made-it-possible-to/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/553/magdalene-visaggio-42633_quote_i-just-wanted-it-to-be-a-resource-someth_1019572.jpg", "contentUrl": "https://sms4smile.com/quotes/i/553/magdalene-visaggio-42633_quote_i-just-wanted-it-to-be-a-resource-someth_1019572.jpg", "url": "https://sms4smile.com/quotes/i/553/magdalene-visaggio-42633_quote_i-just-wanted-it-to-be-a-resource-someth_1019572.jpg", "width": 1080, "height": 1080, "caption": "“I just wanted it to be a resource. Something that made it possible to keep the work going after the bubble…” — Magdalene Visaggio", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 10, "item": { "@type": "Quotation", "text": "Normally, the law of nature is such that one who rises falls, and one who rises quickly falls as quickly. I don't know how the law of nature will work as far as Modi is concerned. But some time or the other, all bubbles burst. This bubble will also burst.", "creator": { "@type": "Person", "name": "Kapil Sibal" }, "url": "https://sms4smile.com/quotes/kapil-sibal/normally-the-law-of-nature-is-such-that-one-who-rises-falls-and-one/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/650/kapil-sibal-5950_law_normally-the-law-of-nature-is-such-that_2283736.jpg", "contentUrl": "https://sms4smile.com/quotes/i/650/kapil-sibal-5950_law_normally-the-law-of-nature-is-such-that_2283736.jpg", "url": "https://sms4smile.com/quotes/i/650/kapil-sibal-5950_law_normally-the-law-of-nature-is-such-that_2283736.jpg", "width": 1080, "height": 1080, "caption": "“Normally, the law of nature is such that one who rises falls, and one who rises quickly falls as quickly. I…” — Kapil Sibal", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 11, "item": { "@type": "Quotation", "text": "We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different.", "creator": { "@type": "Person", "name": "Jeffrey Sachs" }, "url": "https://sms4smile.com/quotes/jeffrey-sachs/we-had-a-booming-stock-market-in-1929-and-then-went-into-the-world-s/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/765/jeffrey-sachs-9489_depression_we-had-a-booming-stock-market-in-1929-an_2738456.jpg", "contentUrl": "https://sms4smile.com/quotes/i/765/jeffrey-sachs-9489_depression_we-had-a-booming-stock-market-in-1929-an_2738456.jpg", "url": "https://sms4smile.com/quotes/i/765/jeffrey-sachs-9489_depression_we-had-a-booming-stock-market-in-1929-an_2738456.jpg", "width": 1080, "height": 1080, "caption": "“We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming…” — Jeffrey Sachs", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 12, "item": { "@type": "Quotation", "text": "We went into a recession in 2008 because of gasoline prices. The bubble burst in housing because people couldn’t pay their mortgages because of $4 a gallon gasoline.", "creator": { "@type": "Person", "name": "Rick Santorum" }, "url": "https://sms4smile.com/quotes/rick-santorum/we-went-into-a-recession-in-2008-because-of-gasoline-prices-the/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/5b0/rick-santorum-1840_bubbles_we-went-into-a-recession-in-2008-because_1453373.jpg", "contentUrl": "https://sms4smile.com/quotes/i/5b0/rick-santorum-1840_bubbles_we-went-into-a-recession-in-2008-because_1453373.jpg", "url": "https://sms4smile.com/quotes/i/5b0/rick-santorum-1840_bubbles_we-went-into-a-recession-in-2008-because_1453373.jpg", "width": 1080, "height": 1080, "caption": "“We went into a recession in 2008 because of gasoline prices. The bubble burst in housing because people…” — Rick Santorum", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 13, "item": { "@type": "Quotation", "text": "“Don't you know there's another bubble as well? An expectations bubble. Bigger houses, private planes, yachts... stupid salaries and bonuses. People come to desire these things and expect them. But the expectations bubble will burst as well, as all bubbles do.”", "creator": { "@type": "Person", "name": "Edward Rutherfurd" }, "url": "https://sms4smile.com/quotes/edward-rutherfurd/don-t-you-know-there-s-another-bubble-as-well-an-expectations-bubble/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/a5c/edward-rutherfurd-12099_bubble_don-t-you-know-there-s-another-bubble-as_879795.jpg", "contentUrl": "https://sms4smile.com/quotes/i/a5c/edward-rutherfurd-12099_bubble_don-t-you-know-there-s-another-bubble-as_879795.jpg", "url": "https://sms4smile.com/quotes/i/a5c/edward-rutherfurd-12099_bubble_don-t-you-know-there-s-another-bubble-as_879795.jpg", "width": 1080, "height": 1080, "caption": "“Don't you know there's another bubble as well? An expectations bubble. Bigger houses, private planes…” — Edward Rutherfurd", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 14, "item": { "@type": "Quotation", "text": "The reality is that not only were we massively hit in 2008 when the bubble burst, and then we realized how deep the social gap, the economic gap in the world is between the super rich and the poor; also, we realized how impacted the environment has been. So there's been a physical consequence of that.", "creator": { "@type": "Person", "name": "Edgar Ramirez" }, "url": "https://sms4smile.com/quotes/edgar-ramirez/the-reality-is-that-not-only-were-we-massively-hit-in-2008-when-the/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/b5a/edgar-ramirez-9340_deep_the-reality-is-that-not-only-were-we-mas_654187.jpg", "contentUrl": "https://sms4smile.com/quotes/i/b5a/edgar-ramirez-9340_deep_the-reality-is-that-not-only-were-we-mas_654187.jpg", "url": "https://sms4smile.com/quotes/i/b5a/edgar-ramirez-9340_deep_the-reality-is-that-not-only-were-we-mas_654187.jpg", "width": 1080, "height": 1080, "caption": "“The reality is that not only were we massively hit in 2008 when the bubble burst, and then we realized how…” — Edgar Ramirez", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 15, "item": { "@type": "Quotation", "text": "Virtually every real breakthrough in technology had a bubble which burst, left a lot of people broke who'd invested in it, but also left the infrastructure for this next golden age, effectively.", "creator": { "@type": "Person", "name": "Tim O'Reilly" }, "url": "https://sms4smile.com/quotes/tim-o-reilly/virtually-every-real-breakthrough-in-technology-had-a-bubble-which/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/0f1/tim-o-reilly-7147_age_virtually-every-real-breakthrough-in-tec_1778952.png", "contentUrl": "https://sms4smile.com/quotes/i/0f1/tim-o-reilly-7147_age_virtually-every-real-breakthrough-in-tec_1778952.png", "url": "https://sms4smile.com/quotes/i/0f1/tim-o-reilly-7147_age_virtually-every-real-breakthrough-in-tec_1778952.png", "width": 1080, "height": 1080, "caption": "“Virtually every real breakthrough in technology had a bubble which burst, left a lot of people broke who'd…” — Tim O'Reilly", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 16, "item": { "@type": "Quotation", "text": "I was secretary of the Treasury when the credit bubble burst, so I think it's fair to say that I know a little bit about risk, assessing outcomes, and problem-solving.", "creator": { "@type": "Person", "name": "Henry Paulson" }, "url": "https://sms4smile.com/quotes/henry-paulson/i-was-secretary-of-the-treasury-when-the-credit-bubble-burst-so-i/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/779/henry-paulson-2282_credit_i-was-secretary-of-the-treasury-when-the_371745.png", "contentUrl": "https://sms4smile.com/quotes/i/779/henry-paulson-2282_credit_i-was-secretary-of-the-treasury-when-the_371745.png", "url": "https://sms4smile.com/quotes/i/779/henry-paulson-2282_credit_i-was-secretary-of-the-treasury-when-the_371745.png", "width": 1080, "height": 1080, "caption": "“I was secretary of the Treasury when the credit bubble burst, so I think it's fair to say that I know a…” — Henry Paulson", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 17, "item": { "@type": "Quotation", "text": "Don't you know that there's another bubble as well An expectations bubble. Bigger houses private planes yachts … stupid salaries and bonuses. People come to desire these things and expect them. But the expectations bubble will burst as well as all bubbles do. Come to my gallery and I will sell you beautiful things at a more reasonable price. But the point is that they will have value. Things of real beauty things of the spirit.", "creator": { "@type": "Person", "name": "Edward Rutherfurd" }, "url": "https://sms4smile.com/quotes/edward-rutherfurd/don-t-you-know-that-there-s-another-bubble-as-well-an-expectations/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/543/edward-rutherfurd-12099_beautiful_don-t-you-know-that-there-s-another-bubb_1079875.jpg", "contentUrl": "https://sms4smile.com/quotes/i/543/edward-rutherfurd-12099_beautiful_don-t-you-know-that-there-s-another-bubb_1079875.jpg", "url": "https://sms4smile.com/quotes/i/543/edward-rutherfurd-12099_beautiful_don-t-you-know-that-there-s-another-bubb_1079875.jpg", "width": 1080, "height": 1080, "caption": "“Don't you know that there's another bubble as well An expectations bubble. Bigger houses private planes…” — Edward Rutherfurd", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 18, "item": { "@type": "Quotation", "text": "It was 1999, and we were building a way for college kids to create online profiles for the purpose of sharing... with employers. Oops. I vividly remember the moment I realized my company was going to fail. My co-founder and I were at our wits' end. By 2001, the dot-com bubble had burst, and we had spent all our money.", "creator": { "@type": "Person", "name": "Eric Ries" }, "url": "https://sms4smile.com/quotes/eric-ries/it-was-1999-and-we-were-building-a-way-for-college-kids-to-create/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/bf7/eric-ries-2911_bubble_it-was-1999-and-we-were-building-a-way-f_150946.png", "contentUrl": "https://sms4smile.com/quotes/i/bf7/eric-ries-2911_bubble_it-was-1999-and-we-were-building-a-way-f_150946.png", "url": "https://sms4smile.com/quotes/i/bf7/eric-ries-2911_bubble_it-was-1999-and-we-were-building-a-way-f_150946.png", "width": 1080, "height": 1080, "caption": "“It was 1999, and we were building a way for college kids to create online profiles for the purpose of…” — Eric Ries", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 19, "item": { "@type": "Quotation", "text": "That's our mirror. Every dip, every crash, every bubble that's burst, a testament to our brilliant stupidity. This one gave us the railroads. This one the Internet. This one the slave trade. And if we hope to do anything about saving the environment, or getting to other worlds, we'll need a bubble for that too. Everything I've ever done in my life worth anything has been done in a bubble: in a state of extreme hope and trust and stupidity.", "creator": { "@type": "Person", "name": "Lucy Prebble" }, "url": "https://sms4smile.com/quotes/lucy-prebble/that-s-our-mirror-every-dip-every-crash-every-bubble-that-s-burst-a/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/c58/lucy-prebble-58303_brilliant_that-s-our-mirror-every-dip-every-crash_1061326.jpg", "contentUrl": "https://sms4smile.com/quotes/i/c58/lucy-prebble-58303_brilliant_that-s-our-mirror-every-dip-every-crash_1061326.jpg", "url": "https://sms4smile.com/quotes/i/c58/lucy-prebble-58303_brilliant_that-s-our-mirror-every-dip-every-crash_1061326.jpg", "width": 1080, "height": 1080, "caption": "“That's our mirror. Every dip, every crash, every bubble that's burst, a testament to our brilliant…” — Lucy Prebble", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 20, "item": { "@type": "Quotation", "text": "In A Glass of Cider It seemed I was a mite of sediment That waited for the bottom to ferment So I could catch a bubble in ascent. I rode up on one till the bubble burst, And when that left me to sink back reversed I was no worse off than I was at first. I'd catch another bubble if I waited. The thing was to get now and then elated.", "creator": { "@type": "Person", "name": "Robert Frost" }, "url": "https://sms4smile.com/quotes/robert-frost/in-a-glass-of-cider-it-seemed-i-was-a-mite-of-sediment-that-waited/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/5db/robert-frost-371_ascent_in-a-glass-of-cider-it-seemed-i-was-a-mi_2959724.jpg", "contentUrl": "https://sms4smile.com/quotes/i/5db/robert-frost-371_ascent_in-a-glass-of-cider-it-seemed-i-was-a-mi_2959724.jpg", "url": "https://sms4smile.com/quotes/i/5db/robert-frost-371_ascent_in-a-glass-of-cider-it-seemed-i-was-a-mi_2959724.jpg", "width": 1080, "height": 1080, "caption": "“In A Glass of Cider It seemed I was a mite of sediment That waited for the bottom to ferment So I could…” — Robert Frost", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 21, "item": { "@type": "Quotation", "text": "“. . . the bond bubble, the tech bubble, the stock bubble, the emerging markets bubble, the housing bubble. . . One by one they had all burst, and their bursting showed that they had been temporary solutions to long-term problems, maybe evasions of those problems, distractions. With so many bubbles-so many people chasing ephemera, all at the same time-it was clear that things were fundamentally not working.”", "creator": { "@type": "Person", "name": "Peter Thiel" }, "url": "https://sms4smile.com/quotes/peter-thiel/the-bond-bubble-the-tech-bubble-the-stock-bubble-the-emerging-markets/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/894/peter-thiel-1311_emerging-markets_the-bond-bubble-the-tech-bubble-the-stoc_211885.png", "contentUrl": "https://sms4smile.com/quotes/i/894/peter-thiel-1311_emerging-markets_the-bond-bubble-the-tech-bubble-the-stoc_211885.png", "url": "https://sms4smile.com/quotes/i/894/peter-thiel-1311_emerging-markets_the-bond-bubble-the-tech-bubble-the-stoc_211885.png", "width": 1080, "height": 1080, "caption": "“. . . the bond bubble, the tech bubble, the stock bubble, the emerging markets bubble, the housing bubble…” — Peter Thiel", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 22, "item": { "@type": "Quotation", "text": "We've had one of these before, when the dot-com bubble burst. What I told our company was that we were just going to invest our way through the downturn, that we weren't going to lay off people, that we'd taken a tremendous amount of effort to get them into Apple in the first place; the last thing we were going to do is lay them off.", "creator": { "@type": "Person", "name": "Steve Jobs" }, "url": "https://sms4smile.com/quotes/steve-jobs/we-ve-had-one-of-these-before-when-the-dot-com-bubble-burst-what-i/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/20d/steve-jobs-307_amount_we-ve-had-one-of-these-before-when-the-d_3062980.jpg", "contentUrl": "https://sms4smile.com/quotes/i/20d/steve-jobs-307_amount_we-ve-had-one-of-these-before-when-the-d_3062980.jpg", "url": "https://sms4smile.com/quotes/i/20d/steve-jobs-307_amount_we-ve-had-one-of-these-before-when-the-d_3062980.jpg", "width": 1080, "height": 1080, "caption": "“We've had one of these before, when the dot-com bubble burst. What I told our company was that we were just…” — Steve Jobs", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } } ] }, { "@type": "CollectionPage", "@id": "https://sms4smile.com/quotes/about/bubble-burst/#webpage", "url": "https://sms4smile.com/quotes/about/bubble-burst/", "name": "Bubble Burst Quotes", "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "mainEntity": { "@id": "https://sms4smile.com/quotes/about/bubble-burst/#itemlist" }, "primaryImageOfPage": { "@id": "https://sms4smile.com/quotes/i/410/peter-diamandis-1516_before_in-2000-just-before-the-first-dot-com-bu_551874.png" }, "description": "Browse 22 Bubble Burst quotes by 20 authors. 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