Even the biggest investment bubbles eventually correct themselves. When that happens, it is time for changed thinking. That is particularly true when the bursting of the bubble in question – in US residential housing – nearly brought down the entire global financial system.
即使是最嚴重的投資泡沫,最終也會自我修正。當修正發生時,我們應當趁機調整思路——如果這裏說的是美國住房市場泡沫的破滅,我們就更應當這麼做。美國住房市場泡沫的破滅幾乎導致全球金融體系崩潰。
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