It was the CDS market that allowed the negative – and correct – view of the housing market held by John Paulson and others finally to be embedded into market prices. They made the bubble burst.
正是CDS市场允许那些负面的-而且是正确的-关于房地产市场的信息被约翰•保尔森和其他人所掌握，并最终一切反应到市场价格中去。他们戳破了泡沫。虽然这会让其他经济部门阵痛，对于整个社会来说确是健康的。一个泡沫持续的时间越长，那最终造成的损失也越大。