首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
考研
In the grip of a bubble mentality, we—as investors, consumers and businesses—blithely assumed risk and convinced ourselves it wa
In the grip of a bubble mentality, we—as investors, consumers and businesses—blithely assumed risk and convinced ourselves it wa
admin
2019-02-28
51
问题
In the grip of a bubble mentality, we—as investors, consumers and businesses—blithely assumed risk and convinced ourselves it was perfectly safe to do so. We bought houses with no money down, took on huge amounts of debt and let the booming stock and housing markets perform the heavy lifting of saving. After all, new technologies, securitization and derivatives permitted financial wizards to slice, dice, sell—and, ultimately, banish—any type of risk. But the intellectual scaffolding surrounding that culture of debt and risk has fallen along with the stocks of Citigroup and AIG. And now the Zeitgeist has spun 180 degrees. Squeeze your nickels, slash debt, stop gambling.
【R6】______Those are the $4 trillion questions. Earlier this decade, we transitioned effortlessly from the dotcom bubble to a housing and credit bubble, which suggests a powerful resiliency. But financial trauma can leave deep scar tissue, as it did after the Great Depression.
It’s tempting in this period of contraction to mimic Thoreau, to live simply and deliberately. But if we lose our penchant for gain and risk, we’ll lose some of the essence of what makes us American. Economists warn that if we don’t manage to jolt the economy back to life soon, we run
the risk of repeating Japan’s "lost decade" of the 1990s. Would that be so bad?【R7】______ But America is different. Thanks to our continually rising population, we need significant growth just to maintain our standards of living—and the health of our democracy.
Saving cash and building up reserves is a necessary first step to recovery. But eventually the mountain of cash has to be put to work. Last week’s sharp market rally was certainly a sign—however fleeting it may turn out to be—that investors are putting money to work again.【R8】______
Between 1996 and 2007, according to the Kauffman Foundation, about 0. 3 percent of the adult population started a new business each month, or about 495 ,000 per month.【R9】______In recent years, many new businesses have been financed through retirement savings, second mortgages and credit-card debt. None of those three sources of funding is particularly deep now. Even so, layoffs can prove a powerful spur to entrepreneurship.
The new ethos of thrift, which is as much about efficiency and sustainability as it is about penny-pinching, may have significant commercial applications—beyond green roofs. Startups in wind power and smart-grid technology are still finding sources of funding. Small enterprises that install solar panels and conduct energy audits are expanding.【R10】______
The markets, and the economy as a whole, are continually buffeted by the twin forces of fear and greed. For the past year, fear has clearly had the upper hand. But over time, as fear subsides, our inborn instincts to improve our lot—Adam Smith would call it self-interest—will make a comeback.
A. They, and other businesses, will benefit from measures in the recently passed stimulus package to weatherize homes, and make government buildings more energy-efficient.
B. After all, while Japan endured a prolonged period of slow growth, nobody starved, there was no social unrest in the aging country, and its biggest companies continued to innovate.
C. Until America emerges from its bunker, the global economy—facing its first year of contraction since World War II—is likely to remain moribund.
D. Is this era of thrift a temporary phenomenon? Will we revert to our risk-taking selves as soon as we latch on to the next New, New Thing?
E. But investing during slack times requires a leap of faith. It’s possible that all we need is another bout of enthusiasm to jolt the nation out of its torpor.
F. There’s no reason to think such entrepreneurial activity will decline in this recession, although there are some barriers.
G. Even so, layoffs can prove a powerful spur to entrepreneurship. Last October, Susan Durrett was laid off from her job at a San Francisco-based architecture firm.
【R10】
选项
答案
A
解析
前文提到使用太阳能电池的企业越来越多,能源审计范围不断扩大,由此可知下一句会涉及到节约能源和环保的话题。A选项中的weatherize homes以及energy-efficient与上文内容相呼应,故选A。
转载请注明原文地址:https://www.kaotiyun.com/show/JOua777K
本试题收录于:
翻译硕士(翻译硕士英语)题库专业硕士分类
0
翻译硕士(翻译硕士英语)
专业硕士
相关试题推荐
EtonCollegeisa________.
联合国教育、科学及文化组织(简称:联合国教科文组织,英文:UnitedNationsEducationalScientific:andCulturalOrganization,缩写UNESCO)成立于1946年11月,是联合国下属的专门机构之一。
Pocahomta,aseventeenthcenturyPowhatanIndian,wenttotheJamestowncolonyasherfather’semissary.
Thestatesmanwasevidently______bythejournalist’squestionsandglaredathimforafewseconds.
Theearliestcontroversiesabouttherelationshipbetweenphotographyandartcenteredonwhetherphotograph’sfidelitytoappea
Theearliestcontroversiesabouttherelationshipbetweenphotographyandartcenteredonwhetherphotograph’sfidelitytoappea
Theearliestcontroversiesabouttherelationshipbetweenphotographyandartcenteredonwhetherphotograph’sfidelitytoappea
Severaldecadesago,wealthypeoplelikedhuntingwildanimalsforfun______sightseeing.
Thestatesmanwasevidently______bythejournalist’squestionsandglaredathimforafewseconds.
Theimportanceandfocusoftheinterviewintheworkoftheprintandbroadcastjournalistisreflectedinseveralbooksthath
随机试题
正确划分爆炸危险区域的级别和范围是电气防爆设计的基本依据之一。下列关于爆炸危险区域划分的说法中,正确的有()。
新生儿女,8天。发热、吮乳欠佳2天,查体:皮肤轻度黄染,脐带已脱落,脐轮红肿,脐窝有脓性分泌物,体温38.8℃。给该患儿降温宜采用的是
患者,女,46岁。平素急躁易怒,近1周自觉胁腹胀满,小便不畅,尿量减少,舌红苔薄黄,脉弦。方选
下列保健食品的批准文号,符合国家食品药品监督管理部门批准的进口保健食品批准文号格式的是()。
下列关于基金信息披露内容方面应遵循的基本原则的说法,错误的是()。
由于经营杠杆能够扩大市场和生产等不确定性因素对利润波动的影响,所以经营杠杆是资产报酬不确定的根源。()
“土豪,我们做朋友吧”成为当今一种网络流行语。如果某一土豪生活在武则天时代,他能够炫耀的财富不可能有:
有人进行网站攻击。并且发布能源供应不足的消息哄抬天然气价格.民众激愤。你怎么做?
F分布的特点有()。
Highstreetshopsuseavarietyofmeanstoattractshoppers,suchasstrikingwindowdisplays,hugered"Sale"signsandspecia
最新回复
(
0
)