Bubbles, The Modern Vernacular of Destruction

It seems that after Watergate all scandals picked up the suffix of the word “Gate” in an attempt to suggest or high-light corruption and cover-up. It is an uncreative means of sensationalizing while soft selling a concept. Each scandal should have enough merits that it should be able to be called by its own name.

Another lazy thing I’ve noticed has been the use of the word bubble. First there was the burst of the Dot-Com bubble and more recently it was the Real Estate Bubble and Mortgage Bubble that burst. I’ve also heard the term Economic Bubble.

While living in a bubble means one is protected and insulated from influence, bubbles are closed spheres. I can somewhat understand the bubble analogy since something is artificially inflated and is destroyed by greed. The term “bubble burst” seems to over romanticize what historically happens when times that are good turn bad.

I’m surprised that more descriptive phrases haven’t come about in recent years. The bubble is too much like a replaceable toy. It could have been so much more colorful:
The Dot-Com 404
The Mortgage Massacre
The Economic Elysian Field
The Market Death March