A standard exponential growth corresponds to a constant growth rate, let's say, of 10 percent The point is that, many times during bubbles, there are positive feedbacks which can be of many times, push forward, increase the next growth through this kind of super-exponential growth, which is very trenchant, not sustainable.
一般的指数型增长通常 是和稳定的增长率吻合的，比如10%的增长率。 问题是，金融泡沫期间， 很多时候这些积极反馈是由于 前面一波接着一波的增长推动的， 也就是超指数增长， 这种增长是非常不稳定，不可持续的。