Not entirely accurate about that either, from what we now know about the profitability of slavery and the profitability of the cotton crop.
这点其实也不完全正确,因为我们已经讲到过,奴隶制和棉花作物能产生巨大的经济利益
We're in a time period where the economy has changed dramatically in the last few years.
我们现在所处的时期在前几年经历了巨大的经济变化。
With the result that in another 10 years, you could see China and India and the Middle East and the EU in this huge economic bloc.
这样会导致10年后,中国,印度,中东还有欧盟,他们将结成一个巨大的经济体。
It caused a huge economic crisis as well; the unemployment rate rose to 18%.
这也造成巨大的经济危机,失业率飙升至18%
But then the U.S. crashed into a huge well actually it was as worldwide recession of 1981-2.This was the biggest recession since The Great Depression.
但是之后,美国卷进了一个巨大的,事实上,是个世界范围内的经济衰退,于1981-1982年,这是自从大萧条以来,最严重的一次经济衰退。
Central banks around this time I think it was under the leadership of Paul Volker who was the Federal Reserve Chairman they raised interest rates to kill inflation and they threw the world into a huge recession.
在这个时期,中央银行,我认为正处于保罗?沃尔克的领导之下,保罗是美联储的主席,他们提升了利率来抵制通货膨胀,然而却将整个世界都卷入了一场巨大的经济衰退。
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