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1) When something has been going exceeding well only to then run its inevitable course and either decline or fail altogether; a market correction.

2) a term adopted in business to describe an event that is currently faultering or failing or has the potential to do so.
1) I thought my job as a lawyer was recession-proof, but when Jesus returned, sent all the sinners to hell and left everyone remaining on Earth singing Kum By Ya, that bubble burst!

2) In 2007: My house was just appraised at 130% of what I bought it for and I don't think the market can support more than that for much longer. I'm going to sell it now before the bubble bursts next year.
by Tenacious Faulker August 20, 2009
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Usually when a person stands within the confines of your personal space, sometimes without knowing it. Telling them that they're bursting your bubble can be a nice gesture to get them to back off.

If the creeper commits a second offense it's all fair game for hostility.
Scene: fat house party during a game of beer pong.
Situation: Drunk guy keeps trying to interfere with the game and is getting a little too close to some players.

Player: Hey dude you need to quit BURSTING MY BUBBLE.
Drunk guy: Keeps getting in their bubble and is taunting them now.
Player: Okay, I warned you nicely. Now this bubble is gonna turn into a crime scene if you cross me one more time.
Drunk Guy: is put in his place and wimps out.
Player two: That will teach him not to Bubble burst.
by AleckzWells June 19, 2010
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