noun
borrowed prosperity; false boom; debt-fueled prosperity
Refers to an economic upturn that is not based on real growth but on borrowing, speculation, or temporary factors. Often used critically to describe unsustainable booms.
この好景気は付け景気に過ぎないと専門家は警告している。
Experts warn that this boom is nothing more than borrowed prosperity.
バブル期の付け景気がはじけて、長い不況が
The debt-fueled prosperity of the bubble era burst, and a long recession followed.
Compound of 付け (つけ, 'attached' or 'added') and 景気 (けいき, 'economic conditions'), suggesting prosperity that is artificially attached or borrowed rather than inherent.