The pre-crisis UK economy, he says, was a "bubble economy".

他表示，危机前的英国经济是一个“泡沫经济”。

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Shiller is an expert on speculative excesses, and he was one of the few economists to warn about the danger of the housing bubble that brought the economy low.

希勒是“无节制投机”方面的专家。作为少数的几个经济学家之一，希勒还曾警告大家，要注意那个造成经济下滑的房地产泡沫的风险。

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It created a bubble economy dominated by property, he adds, one less able to weather the current storm than more diversified economies like those of Singapore or Taiwan.

CNN: FIGHTING 'GODZILLAS'

For Mr Lindsey has made no secret of the fact that he considers the American economy to be suffering from an asset-price bubble.

ECONOMIST: The

It was Mr Mieno who was responsible for popping the bubble and he was far too late in realising how much damage this would do to the economy.

ECONOMIST: Buttonwood