首页
登录
职称英语
Tulips were introduced into Holland before the 17th century but it did not t
Tulips were introduced into Holland before the 17th century but it did not t
游客
2024-05-16
6
管理
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! [br] Tulips became popular among the upper classes because they associated the flowers with ______
选项
答案
power and prestige
解析
首段末句中的and表明两个分句形成隐含的因果关系,可见郁金香广受上层社会的欢迎,是因为人们把它当作了权力和威望的象征,题干中的associate…with…也有“把……当作……”之意,power and prestige为答案。
转载请注明原文地址:https://tihaiku.com/zcyy/3600509.html
相关试题推荐
TheCaseAgainstRetirementAh,retirement!Beforet
TheCaseAgainstRetirementAh,retirement!Beforet
TheCaseAgainstRetirementAh,retirement!Beforet
TheCaseAgainstRetirementAh,retirement!Beforet
TheCaseAgainstRetirementAh,retirement!Beforet
Asachildmustbeabletomovehisarmsandlegsbeforehecanlearntowal
Asachildmustbeabletomovehisarmsandlegsbeforehecanlearntowal
Asachildmustbeabletomovehisarmsandlegsbeforehecanlearntowal
Asachildmustbeabletomovehisarmsandlegsbeforehecanlearntowal
Asachildmustbeabletomovehisarmsandlegsbeforehecanlearntowal
随机试题
______(这些水的痕迹使很多科学家相信)thattheremightbesomeformsoflifeonthatplanet.Th
Google’sGoogleproblemA)GoogleiskillingGoogleReade
【B1】[br]【B10】A、unavailableB、unacceptableC、preferableD、unadvisableA语义衔接题。此句
A.动脉早期瘤体完全增强,门脉期及延迟期呈低回声,"快进快出" B.动脉期或门
从理论上看,最佳资金结构是指()时的资金结构。A.总资产收益率最高 B.
五行之中,木是水的A、以上均非 B、子 C、所胜 D、所不胜 E、母
求与平面x-4z=3和2x-y-5z=1的交线平行且过点(-3,2,5)的直线的
女,41岁。夜间上腹痛3年,胃镜检查确诊为十二指肠溃疡,近2周来疼痛变为餐后腹痛
关于职业倦怠的说法,正确的是( )。A.情绪衰竭是职业倦怠的一种表现 B.对
关于公路施工企业信用信息管理的说法,错误的是( )A.公路施工企业信用省级实行
最新回复
(
0
)