It's a "good economy" because the numbers are going up. That's all that matters.
The fact that the numbers are going up because of a bubble and a lot of questionable deals is not relevant. That's a problem for someone else to handle later.
Uh, if it deflates, the numbers go down? Isn't that the definition? The same numerical value of currency represents more value as compared to assets etc - hence things get "cheaper", with the side effect of money getting harder to get
The fact that the numbers are going up because of a bubble and a lot of questionable deals is not relevant. That's a problem for someone else to handle later.