Financial Bubble Economy in the Imbalanced World Economy
Li Fang
Sharpening imbalance of global economy is the most prominent phenomenon on world stage in the early years of 21st century. The imbalance of global economy increases the global liquidity surplus, which promotes the invention and development of financial bubble economy. Financial bubble economy refers to a bubble economy caused by the independence and universality of financial economy deviating from real economy. This paper not only studies the relationship of the above mentioned three issues, the fundamental conditions and performances for the invention and development of global financial bubble economy, but also analyses the fundamental features and important impacts of financial bubble economy.
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