It doesn't match up very well though because interest rates have been going down since 1980 and the boom is very sudden, so it seems to me that Greenspan should have seen this bubble coming.

虽然这说法有些瑕疵，因为利率自1980年开始就一直下降，但繁荣却突如其来，所以我觉得，格林斯潘本应能看到泡沫的发生。

youdao

As China and Gulf oil exporters purchased American Treasury bonds in order to hold down their currencies, this pushed down bond yields and helped to fuel the housing boom.

为了维持低汇率，中国和海湾石油出口国大量买入美国国库券，压低了美国国库券收益率，助长了房市繁荣。

youdao

Those purchases pushed down long-term interest rates, helping to stoke a boom in private and public credit.

那些购买降低了长期利率，帮助刺激了私人部门和公共部门的信贷热。

youdao

It's coming down now in 2006; they're gradually coming down as the boom unwinds.

006年才呈现下跌趋势,随着繁荣消退,预期也渐渐降低

耶鲁公开课 - 金融市场课程节选

It turns out that it didn't turn into World War III and -maybe they did shut down the housing or they must have curtailed it, but it created that boom.

结果没有爆发第三次世界大战,也许政府真的关闭了房产市场,至少他们限制了房地产,而这促进了房地产繁荣

耶鲁公开课 - 金融市场课程节选

It doesn't match up very well though because interest rates have been going down since 1980 and the boom is very sudden, so it seems to me that Greenspan should have seen this bubble coming.

虽然这说法有些瑕疵,因为利率自1980年开始就一直下降,但繁荣却突如其来,所以我觉得,格林斯潘本应能看到泡沫的发生

耶鲁公开课 - 金融市场课程节选

But that would have broken the back of the economy and brought the housing boom down.

NPR: Greenspan: Recession Odds 'Clearly Rising'

He puts the boom down to natural population growth - there are more birds to breed and so produce more chicks.

BBC: Parakeet in a London garden

It said the boom was down to women having babies later and increased migration to NI.

BBC: Older mothers 'aided' baby boom