华尔街那些事

leith

华尔街那些事
想知道2014股市吗？在华尔街历史档案中或许能找到线索。对比一下177年前那场棉花崩盘前，黄金及流动性的情形。(原汁原味用英文)
On May 9,1837, Americans had climbed upward on a pyramid of debts that ultimately rested on high expectation for cotton prices.
The Dry Dock Bank locked its doors and refused to redeem its notrs in Gold and Silver coin.
The restriction of credit by the Bank of England had been followed by a collapse of the cotton market.
It was a classic speculative bubble.
(注解，当时英国从中国鸦片贸易中获得的资金大量借贷给美国发展棉花产业，相当于量化宽松。那时的棉花产业是美国的支柱产业。)