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德尔伯

德尔伯

德尔伯

德尔伯

1

Charles Kindleberger, the late economic historian, was one of many who believed that national vitality moved in a life cycle .

包括已故经济史学家查尔斯 -金德尔伯格（CharlesKindleberger ）在内的许多人认为，国家兴衰是有周期规律的。

2

Kindleberger's point was that speculators were not a single , homogeneous group : some won , some lost .

金德尔伯格的观点是，投机者不是单一、同类的群体：它们中有输家也有赢家。

3

If the thesis is right , it is all down to America .

如果金德尔伯格的分析是对的，那么我们全靠美国了。

4

Kindleberger does not claim to have a rigorous theory of such crises , but he does discern a pattern .

金德尔伯格并未声称建立了关于此类危机的严格理论，但他确实发现了一种模式。

5

This was so feeble that, as Kindleberger says , it marked the end of Britain as a lender of last resort.

这笔贷款数额如此之小，正像金德尔伯格所说，它标志着英国作为最后贷款人的终结。

7

First , according to Kindleberger , bubbles are driven by cheap credit .

首先，据金德尔伯格称，泡沫是由廉价信贷吹起来的。

8

Kindleberger finds similar examples in 1763 , 1869 , 1897 and 1975, with the rescue of New York City .

金德尔伯格发现类似的例子发生在 1763年、1869年、1897年和 1975年拯救纽约时。

9

Poet Wendell Berry has observed that when we are young , our lives are all time and little memory .

根据诗人温德尔 .伯里的观察，在我们年轻时，生命有的是时间，而回忆却甚少；

10

Dearborn, Michigan : Dahan Alnajjar waits to fill out his ballot

密歇根州，德尔伯恩：达罕·阿尔纳贾尔等候填写选票。

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