Globophobic

So I've been wondering why they have the same name for fear of balloons and fear of globalization. Globophobic. It makes more sense that it is fear of globalization. I also found a different name for fear of ballons - Pallophobia. Phallobobia, on the other hand, is fear of the penis, especially one that is erect.. It's all very confusing.
Whatever the correct name is - my fear is of balloons. Well, maybe I'm exaggerating a bit by calling it a fear. I just can't stand watching people blowing up those latex ballons. I don't mind hot air balloons and mylar balloons is it? And also if you fill the latex ones with water, I'm fine. It's only the filling it with air part I hate. I don't particularly like the balloon once it's filled either, but I can hold it, or even pop it if I have to (I very rarely have to...). But whenever I see someone blowing up a balloon I start to cringe and have to look away, or leave..
Oh, a Kevin Spacey movie - have to see what it is.