旁白：这是典型的股票市场泡沫。

NARRATOR: It was a classic stock market bubble.

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股票市场泡沫对经济的影响是巨大的。

The impact of the stock bubbles to economic is enormous.

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因此，股票市场泡沫问题研究一直是学术界的活跃领域。

Therefore, the stock market bubbles problem has been the active area in academic study.

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We had a bubble in the stock market in the '90s and it collapsed after 2000 and with that it brought the economy down.

我们在九十年代股票市场中有泡沫,并且它在2000年崩塌了0,这使得经济一度低迷。

耶鲁公开课 - 金融市场课程节选

I wish the Fed had behaved better they didn't seem to recognize the bubbles that we had in the stock market in the '90s and the housing in the 2000s.

从某种意义上说，我希望,政府没有发现出来,九十年代的股票市场泡沫,和新世纪房地产的泡沫。

耶鲁公开课 - 金融市场课程节选