amid signs that a speculative bubble was building, the government banned these so-called deferred payments in late 2007.
随着投机泡沫不断扩大的迹象日益明显,政府在2007年底禁止了这些所谓的延期付款。
when it was left alone, the street unleashed a wild speculative bubble that almost destroyed the world's financial system when it burst.
当它被放任自流时,华尔街制造的狂暴泡沫破灭时几乎毁坏了整个世界的金融系统。
the speculative bubble was based on a bet that served as its own foundation.
投机的泡沫建立在赌局之上,以此作为其自身的基础。
these facts are consistent with the predictions of speculative bubble theory.
这与投机泡沫理论的预示相符。
yet wall street continues to struggle through the aftereffects of the biggest speculative bubble in history.
然而,华尔街依然在艰难地应对这场有史以来最大的投机性泡沫造成的负面后果。
once again, we are seeing the puncturing of a speculative bubble that was the result of asset prices soaring high above the underlying value of the assets.
再一次,我们目睹了严重脱离固有价值的资产价格飞涨导致的投机性泡沫被戳穿的景象。
some analysts believe that investors have inflated a speculative bubble in commodities.
一些分析家相信投机者夸大了农产品和矿产品的投机泡沫。
every speculative bubble resembles a chain letter in that profits are provided by late entrants to the market.
每个投机泡沫就好比一封连锁信,利润是由后来入市者提供的。
the background and significance of the topic, reviewing the basic speculative bubble theory and the status quo of the study on real estate are introduced in chapter 1.