NEW YORK – I have long been forecasting that it was only a matter of time before America’s housing bubble – which began in the early days of this decade, supported by a flood of liquidity and lax regulation – would pop. The longer the bubble expanded, the larger the explosion and the greater (and more global) the resulting downturn would be.ampnbsp;
ampnbsp;ampnbsp;ampnbsp; 纽约--我长期以来一直预言，美国的房地产泡沫崩溃只是一个时间早晚问题。这个泡沫开始于这个十年初期，大量的流动资金和松弛的监管支撑了这一泡沫。这个泡沫扩张的时间越长，破灭的也就越大，而随之而来的衰退也就越大而且越发波及全球。