Ghiyath Nakshbendi of American University in Washington notes that the problems are linked to a worldwide collapse in real estate prices.

VOA: special.2009.12.04

I thought the University positioned itself well to take advantage of this really not surprising collapse in housing prices.

我认为耶鲁摆正了自己的位置,妥善利用了,这次并不突然的房价崩溃

耶鲁公开课 - 金融市场课程节选

We saw a collapse in real estate prices after 1990 and a recession in 1991, so it was the big story of the 1980s.

我们目睹了1990年后房价暴跌,以及1991年的经济衰退,这就是20世纪80年代的重大事件

耶鲁公开课 - 金融市场课程节选

This one-day collapse in stock prices was a virtual impossibility.

股价一天之内有如此程度的暴跌,本来是根本不可能的

耶鲁公开课 - 金融市场课程节选

In essence, this collapse in stock prices -the one-day collapse in stock prices -I think in the U.S. The price was, depending on which index you were looking at, were down 21-22% in a single day.

实际上,这次股价暴跌,股价一天内的跌幅,当然在美国国内,要看你参考的是哪种股指,但基本上一天之内暴跌21-22%

耶鲁公开课 - 金融市场课程节选