If we want to look going forward at the equity premium, we have to know how much--what's the politics?
如果想预测未来的股权溢价是多少,我们必须知道...政治环境将会如何
Religion can't be divorced from social, political, and historical contexts and issues.
宗教无法脱离于社会,政治,及历史环境与事件。
Is it a psychological one? Is it a philosophical one?
心理环境?哲学环境?政治环境?
Politicians are often in contexts where they have to smile a lot.
政治家的环境,他们不得不经常微笑。
It's an anthology of writings or books written and edited over an extensive period of time by people in very different situations responding to very different issues and stimuli, some political, some historical, some philosophical, some religious, some moral.
是书籍文献的选集,由许多人在一段相当长的时间里,在各种各样的环境下,对不同的事件做出回应而写成的,政治的,历史的,哲学的,宗教的,道德上的,无所不有。
So this was a highly charged political environment. Far more volatile than for example the kind of partisan quarrels we see today in our republic I hope.
所以那是十分紧张的政治环境,比我们当今所见的,共和政党争论,更加反复无常,希望如此。
You should be sharing your risks with someone who's completely different-- probably living on the other side of the world in a completely different industry, where the weather, the institutions, and the political situation are completely different.
你应该跟,与你截然不同的人-,也许是住在世界另一端的人,从事毫不相关的行业的人,生活在完全不同的气候,制度,以及政治环境里的人来分摊。
I don't know, I think that-- I think what Jeremy would say is, well you're looking--if you look at Russia and China, you're looking at political factors and I'm only looking at politically stable countries, so this whole thing is irrelevant.
我不清楚,我认为...,我想杰里米会说,观察下俄罗斯和中国两个国家,考虑到其中的政治因素,我只研究政治环境稳定的国家,他们显然要被排除在外
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