How a Housing Bubble Burst Into a Global Financial Crisis

1.tsunami n. 海啸

例句:A terrible tsunami followed the earthquake.
       一场骇人的海啸跟随地震而来。

2.unprecedented a. 空前的

例句:The flood had been caused by unprecedented rainfall.
      洪水是由于前所未有的大量降雨造成的。

3.guarantee v. 保证,担保

例句:The students are not guaranteed jobs when they graduate.
      不保证学生毕业时获得工作。

4.profitable a. 有利润的,有利益的,赚钱的

例句:This is highly profitable business.
      这是一本万利的生意。

5.complex a. 复杂的,合成的

例句:The human body has a very complex organization.
      人体是个非常复杂的机体。

6.collateralize v.提供抵押
 
7.burst v. 爆裂,炸破

例句:He burst up when he heard the news.
      听到那个消息他勃然大怒。

8.essentially ad. 本质上,实质上,基本上

例句:He's essentially a very generous man.
      他本质上是个十分慷慨的人。

9.concentrate v. 集中,集结;浓缩

例句:We must concentrate our attention on efficiency.
      我们必须把注意力集中在效率上。

1.We are in the midst of a once-in-a-century credit tsunami.

in the midst of在…中间

例句:She found him in the midst of a group of his usual friends.
      她在他的一群老朋友中找到了他。

2.In the old days, you lent out money, you kept that loan on your books, which means you had to have really tight risk management in place.

in place在适当的位置上;合适的,恰当的,到位

例句:A little gratitude would be in place.
      应当略表谢意。

3.These investment groups depend on borrowed money to buy long-term securities.

depend on依赖,依靠;取决于,随…而定

例句:His decision will depend on how much money we can raise.
      他将根据我们能筹集到的款项的多少作出决定。

4.A "shadow" banking system had developed largely beyond the reach of rules for traditional banks.

beyond the reach of够不着,达不到,超出…的范围

例句:The gang live abroad, beyond reach of the British police.
       这帮匪徒住在国外,英国警方鞭长莫及。