It then made Massachusetts the most stable state or essentially the most stable state in the country and it was widely-admired.

那时，它使马萨诸塞州成为了美国最稳定的州,或者说本质上最稳定的州,并广受好评与赞赏。

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which I don't know if you guys are familiar with. It's like a rural state in the middle of America,

我不知道你们对那里熟不熟悉。
这是在美国中部的一个以乡村为主的州。

来自爱荷华 - SpeakingMax英语口语达人

Sea Island cotton, the kind of cotton grown down there in the Georgia where it was first grown in North America in the Georgia, South Carolina islands, was a kind of long and silky kind of cotton.

乔治亚州,有种海岛棉,最初是生长于美国北部的,在佐治亚州的南卡罗来纳州岛上,最初有一种柔软光洁的棉花

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It's a little bit like the NAIC -the National Association of Insurance Commissioners -recommends laws to the local insurance regulators in the fifty United States.

这有点像NAIC,美国保险监督官协会,它对全美国50个州的,地方保险监管机构推荐法律法规

耶鲁公开课 - 金融市场课程节选