But he was slow to see that a housing bubble masked a loss of competitiveness, and slower still to react to the crash.
但他对房产泡沫掩盖下的竞争力下降反应迟钝，对经济崩溃的反应更为迟钝。
At the same time, people often assume that the industry has an interest in stopping the bubble from inflating, that nobody wants to return to the bad times of the dotcom crash.
与此同时，人们时常假设行业收益是从膨胀开始到泡沫结束，没有人会愿意回到。com危机的坏时期去。
Indeed, by some of the most meaningful measures, Wall Street after the crash looked a lot more like it was in a bubble than a bust.
事实上，如果拿一些最有意义的指标作为评判标准，遭到重击的华尔街看起来更像是处于泡沫的包围之中，而不像是在经受崩盘的考验。
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