Need (English) translation of economic phrase - U2 Feedback

Go Back   U2 Feedback > Lypton Village > Free Your Mind > Free Your Mind Archive
Thread Tools Search this Thread Display Modes
Old 01-13-2003, 02:22 PM   #1
Blue Crack Supplier
Popmartijn's Avatar
Join Date: Jun 2001
Location: Netherlands
Posts: 32,365
Local Time: 03:20 PM
Need (English) translation of economic phrase


For the past months (well, I think it's more like 1 1/2 years) I've been working on my final thesis. It's the only thing standing in the way between me and graduation. Yeah, I know, writing a thesis is so interesting. I'll be a happy man when I can finally finish it. And that moment is coming soon.

Anyhow, my thesis is in English, but for the research I did some interviews in Dutch (with Dutch persons of course). In one of those interview the interviewee used a (economic) phase I haven't been able to translate correctly in English. The literal translation is something like 'pig cycle', but I know it's not correct.
Let me explain the phrase: It describes the situation that, when there is a large shortage for a good/service, everyone starts producing that good/service. This results in a large surplus, after which most will stop producing. This, in turn, leads again to a large shortage, after which they start producing, etc.
(In the pig analogy, when the price of pork is high, all farmers start breeding pigs, resulting in a large surplus and a drop in the price of pork. This will cause the farmers to produce other goods, causing a sharp increase in the price of pork, etc.)

Does anyone know the correct phrase for this extreme cyclistic behaviour?

Thank you!


Popmartijn is offline  
Old 01-13-2003, 03:09 PM   #2
Rock n' Roll Doggie
hiphop's Avatar
Join Date: Apr 2001
Location: in the jungle
Posts: 7,410
Local Time: 03:20 PM
Where art thou, STING2?

hiphop is offline  
Old 01-14-2003, 01:29 PM   #3
Rock n' Roll Doggie
speedracer's Avatar
Join Date: Feb 2001
Location: MD
Posts: 7,500
Local Time: 09:20 AM
A quick Google search only turns up generic-sounding terms like "supply/demand cycle" or "shortage/surplus cycle."

Maybe we English-speaking types should start using the term "pig cycle."
speedracer is offline  

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

All times are GMT -5. The time now is 08:20 AM.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.
Design, images and all things inclusive copyright ©