After the failure of Lehman Brothers, many of the world's largest banks feared the worst as the collapse of the housing bubble exposed investments in risky loans.

在雷曼兄弟破产后，许多全球最大的银行都曾担心出现最糟糕的情况，因为房地产泡沫的破裂暴露了它们在高风险贷款方面的投资。

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Now it is a symbol of the housing bubble.

现在又变成房产泡沫的象征。

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The housing bubble was unique, and uniquely awful.

房地产泡沫是史无前例的，而且又是独特地可怕。

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It arose from the beginnings of the housing bubble -the real estate bubble that we're now in.

而是源自房地产泡沫的初现,也就是如今的房地产泡沫

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And when we bought, it was at the height of the housing bubble,

我们买房子的时候，正是房地产泡沫的最高峰，

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Take away the housing bubble and our economy and jobs barely grew under Bush.

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What was clear to most researchers before the housing bubble burst is now ambiguous at least.

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There were moral recriminations for the excesses of the housing bubble, but no criminal prosecutions.

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