来自《耶鲁大学开放课程：金融市场 第12集 第12集》

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  You can see that in all these countries
  由图表中可见 这三个国家的
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  real estate prices didn't show much trend
  地产价格一直没有明显趋势
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  until recently and now they all have real estate booms.
  只是近年来才出现繁荣
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  We have an international boom. Why is that?
  这可是个全球性地产繁荣 为什么
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  Why would we have an international boom?
  为什么出现全球性的繁荣
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  I talk about this in the book you have, Irrational Exuberance,
  《非理性繁荣》这本书有提到过
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  and I'll let you read that and not summarize it here.
  以后你们会读到 在此不加赘述
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  But, part of the reason I think is,
  不过 我认为原因之一是
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  globalization is creating a global culture
  全球化塑造了全球性的文化
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  and the excitement and enthusiasm that we
  原来只存在于单个城市 例如洛杉矶
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  once saw in isolated cities, like Los Angeles,
  的狂热与激情
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  are spreading out and are seen more and more around the world.
  扩散到了全世界各地