Again Quote by Nouriel Roubini
“Having spent 10 years studying emerging markets, I know that you have patterns repeated over and over again. A bubble is like a fire which needs oxygen to continue... when you see there is no oxygen, things change.”
About This Quote
Source Interview: Economic Outlook, Nouriel Roubini, 2023
Market cycles repeat; bubbles need fuel (confidence) to persist, and collapse when that fuel disappears.
In simple terms: Bubbles need confidence; they burst without it.
Watch for loss of confidence to anticipate change.
Themes
Mood
Type
When to use this quote
- investment strategy
- policy making
- risk assessment
- business planning
Key Concepts
Questions to Reflect On
- What signs indicate a bubble’s oxygen is gone?
- How can you protect against sudden market shifts?
Not all bubbles follow the same pattern.