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HOUSING BUBBLE WATCH....The housing meltdown continues apacesays Kevin Drum.
To nit-pick: bubbles pop if made of soap, sag if of gum; implode is a sound generic term. An igloo can melt, at a pinch a sandcastle.
Only resourceful Hollywood can unmix the metaphors. In one of the later Bond movies, Die Another Day,
the villain's essential palace-cum-death-ray-control-centre is a huge
dome made of ice. In the finale this naturally both implodes and melts.
So a bubble meltdown can fit crazed plans for world domination, not the mundane housing slump.