来自《耶鲁大学开放课程：金融理论第1集第1集》

A month later, this is April 2007,

一个月后这里是2007年4月
a month later the sub-prime index starts to collapse.

一个月后次级抵押指数开始崩溃
You see it goes from a hundred to sixty.

可以看到指数从100降到了60
We're already--In February or March 2007.

也就是在2007年2月或者3月
So that means the people, those experts trading

这意味着那些交易抵押证券的专业人士
mortgages, already realized there was a calamity about to happen.

已经意识到将有灾难发生
This was long before anyone else perceived anything

这时候别的人还没有看到任何问题
happening, long before the stock market

股票市场还没有变化
moved, long before the government did

政府也还没有采取任何
anything to correct the problem.

补救措施
So just as financial theory says if you pay attention to the

正如金融理论说的如果你关注价格
prices you can learn a lot about the world.

你就能看出很多问题