I think there's a simple story which is very different from what's causing the current apparently current recession.

我认为这里有一个简单的故事，一个不同于,现在的经济衰退的故事，导致现在这个危机。

耶鲁公开课 - 金融市场课程节选

That's why when we officially entered the recession or the challenging situation caused by the financial crisis, I keep asking myself, "What should we do?"

由于金融危机而导致的经济衰退,使得公司处于困境，我一直自问，我们能做些什么？

斯坦福公开课 - 百度CEO李彦宏演讲：全球最大搜索引擎的发展课程节选

People were pulling money out of banks because they feared that if the bank failed, then they would lose their money; it created a huge crisis in 1933.

人们纷纷从银行提取现金,因为他们担心,万一银行破产,他们就会血本无归,这种情况导致了1933年经济危机

耶鲁公开课 - 金融市场课程节选

Then that brings us to the 2008 recession.

之后，那次危机导致了08年的经济衰退。

耶鲁公开课 - 金融市场课程节选