首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Tulips were introduced into Holland before the 17th century but it did not take long for the flowers to gain popularity among th
Tulips were introduced into Holland before the 17th century but it did not take long for the flowers to gain popularity among th
admin
2012-10-11
14
问题
Tulips were introduced into Holland before the 17th century but it did not take long for the flowers to gain popularity among the upper classes. Flowers of such beauty and rarity soon became symbols of power and prestige and the rich tried their utmost to lay their hands on some to display in their gardens.
By 1634, the whole country was so fascinated by tulips that all other activities almost came to a stop. People were trading in tulips and even buying and selling unsprouted flowers. It was similar to the futures market today, where traders are buying and selling crude oil or cotton which they will never see. As the tulip trades increased, regular markets were set up on the Stock Exchange of Amsterdam and other towns. That happened in the year 1636 when the craze was reaching its peak.
The bubble finally burst in 1637. For some unknown reasons maybe a group of people suddenly realized the madness tulips failed to command the usual inflated prices in a gathering. Word spread and the market crashed. As in all asset bubbles, it took time to propel prices to such extraordinary levels, but it only took a single pierce to burst the bubble. When confidence was destroyed, it could not be recovered and prices kept falling until they were one-tenth of those set during the peak. Soon the nobles became poor and the rich became paupers (贫民). Cries of distress resounded everywhere in Holland.
Why do investment professionals like to bring up this story that happened centuries ago? This is because greed is part of human nature and short memory is an investor trait, we just never seem to learn from past mistakes. Recently, many have pointed to the American investors’ madness over Internet stocks as another "tulip craze". Whether these are really "Internet tulips" remain to be seen. However there are tell-tale signs that the buying is overdone.
There is no denial that the Internet is an important development in this century, but it is madness when every Internet stock jumps in multiples and every company that announces conducting their business over the net witnesses their stock prices going up. Not to mention that some of these Internet stocks are trading at hundreds times PE (本益比) and some will not report any profit for the next few years!
What does the author think about the age when the price of every Internet stock skyrockets?
选项
答案
It is madness
解析
题干中的时间状语从句是对原文when every Internet stock jumps in multiples的近义改写,而原文该句中的it is madness就是作者对此的看法,因此it is madness为本题答案。
转载请注明原文地址:https://kaotiyun.com/show/kFb7777K
0
大学英语六级
相关试题推荐
What’stheprevailingbelief?.Inordertohealthepainofanabusedperson,weshould______.
ThroughoutGeorgeBush’spresidency,thefederalgovernmenthasrefusedtosupportanyregulationofthegreenhousegasesthatc
A、OnebridgebetweenNorthandSouthLondoncollapsed.B、TheheartofLondonwasflooded.C、Anemergencyexercisewasconducted.
A、Uniquedescriptiveskills.B、Goodknowledgeofreaders’tastes.C、Colorfulworldexperiences.D、Carefulplottingandclueing.
Thepolice______himforquestioningwhentheyfoundhimsneakingawayfromthestore.
Thisticket______youtoafreemealinournewrestaurant.
TheSenatewillformacommitteetodetermineifviolenceontelevisionis______youngpeople.
A、Piracyisaneasythingtocommit.B、Inventionusuallyneedsheavycost.C、Patentisusefulbutnotpractical.D、Inventionsar
A、Spain.B、France.C、America.D、Germany.C短文提到TheUnitedStatesalsohasmoreofitspeopleatwork,在西方发达国家,美国人比欧洲人工作的时间长,故答案为[
TheTruthaboutLyingRickyGervais’snewfilm,TheInventionofLying,isaboutaworldwherelyingdoesn’texist,whichme
随机试题
中国共产党十七大报告指出,加强党的思想建设的重点是
减少溶液中的Na+浓度,将使单根神经纤维动作龟位的超射值()(1997年)
工程咨询单位常见的组织机构模式包括()。
某工级堤防上新建的穿堤闸必须经()验收合格后方可启用。
下列关于建设工程项目总进度目标的表述,不正确的是()。
甲公司在2019年7月1日从公开场上购入当日发行的5年期债券,甲公司管理该债券的业务模式是以收取合同现金流量为目标,则甲公司购入债券时应将该债券分类为()。
将购物中心分为社区购物中心、都市型购物中心和区域型购物中心是按照()划分的。
动机
已知chara;intb;floatc;doubled;则表达式a-b+c-d结果为()型。
DeltaGoodremsaysshe’slearntalotoverthepastfewyears.Butonelittlenuggetofwisdomshe’llbetakingwithherwhensh
最新回复
(
0
)