“泡沫经济”亦称“经济泡沫化”,指的是经济增长的一种状态,它是由于一种投资现象造成的。当充沛的投资资金在高回报率的刺激下,大量投资于那些不构成实际经济有效增长或不促成产业结构合理改善的资产或产业,从而大规模地形成低效或无效的产业和资产投资,构成经济高速增长的假象时,泡沫经济就发生了。 Bubble economy, also known as “bubble economy,” refers to a state of economic growth that is caused by an investment phenomenon. When abundant investment funds are stimulated by high returns, they invest heavily in those assets or industries that do not constitute effective real economic growth or do not promote a reasonable improvement in the industrial structure, thus causing inefficient or inefficient industrial and asset investment on a large scale. When the illusion of rapid economic growth constitutes a bubble economy has taken place.