English Dictionary

boom and bust

noun

(economics, finance, business) A pattern of high prices in a given market or in the entire economy followed by ruinously low prices, falling production, and bankruptcies by producers; prosperity followed by recession.

The economy experienced a boom followed by a bust.

意味（1）

(economics, finance, business) A pattern of high prices in a given market or in the entire economy followed by ruinously low prices, falling production, and bankruptcies by producers; prosperity followed by recession.

The reason such comments provoke scepticism is because Brown's mantra during his 10 years at the Treasury was that his prudence as chancellor of the exchequer would ensure there would never be a return to “boom and bust” economics.