If only. The post-bubble backlash gave rise to useful new regulations, but it had no discernible impact on Wall Street’s actual business.

虽然泡沫破灭后的冲击引出了有效的新监管措施，但是这对华尔街的实际生意并没有什么大影响。

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Yet Texas has managed to avoid severe stress to either its housing market or its banking system, while Georgia is suffering severe post-bubble trauma.

就在佐治亚正遭受着严重的后泡沫创伤之时，得克萨斯却设法在房地产市场和其银行系统两个方面都避开重压。

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And on some counts today's post-bubble policy challenges are more complex than anything Japanese policymakers ever faced.

在一些问题上，今天后泡沫时代的政策挑战比当时日本的决策者面临的任何挑战都更复杂。

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Contrary to the post-bubble narrative of a buyer-less housing glut, inventory levels in some markets have contracted.

FORBES: Surprise! Some Cities Are Actually Experiencing Housing Shortages

There is some truth in this, but the awkward fact is that post-bubble economies tend to be deflation-prone.

ECONOMIST: The world economy

Since the broad Topix stockmarket index slumped to a post-bubble low in October 1998, it has climbed by 70%.

ECONOMIST: Fairy tale