2023年全國碩士研究生考試考研英語一試題真題（含答案詳解+作文范文）_第1頁
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1、InsideJobIcelisastabledemocracywithahighstardoflivinguntilrecentlygovernmentdebt.Wehadthecompleteinfrastructureofamodernsociety.Cleanenergyfoodproduction.Fisherieswithaquotasystemtomanagethem.Goodhealthcareeducationclean

2、air.Notmuchcrime.Itsagoodplaceffamiliestolive.Wehadalmostendofhistystatus.Butin2000Icelsgovernmentbeganabroadpolicyofderegulationdisastrousconsequencesthenftheeconomy.TheystartedbyallowingmultinationalcpationslikeAlcoaal

3、uminumsmeltingplantsexploitlcelsgeothermalhydroelectricenergysources.Manyofthemostbeautifulareasinthehighlsaregeothermal.Sonothingcomeswithoutconsequence.AtthesametimeIcelsthreelargestbanks.Theresultwasoneofthepurestexpe

4、rimentseverconducted.Wehavehadenough.HowcouldallofthishappenFinancetookovermelesswreckedtheplace.Inafiveyearperiodthesethreetinybanksoutsideoflcelbrowed120billiondollars10timesthesizeofIcelseconomy.Thebankersshoweredmone

5、yonthemselvesTherewasamassivebubble.Stockpriceswentupbyafactofnine.Housepricesmethandoubled.IcelsbubblegaverisetopeoplelikeJonAsgeirJohannesson.HebrowedbillionstobuyuphighendretailbusinessesinLondon.Healsoboughtapinstrip

6、edprivatejeta40milliondollaryachtNewspapersalwayshadtheheadline:ThismillionaireboughtthiscompanyinFrancewhereverinsteadofsaying:Thismillionairetookabilliondollarloantobuythiscompanyhetookitfromyourlocalbank.“Thebankssetu

7、pmoneymarketfundsdepositholderstowithdrawmoneyinthemoneymarketfunds.ThePonzischemeneededeverythingitcould.AmericanaccountingfirmslikeKPMGinvestmentfirmsAmericancreditratingagenciessaidlcelwaswonderful.InFebruary2007tothe

8、highestpossibleratetripleA.ItwentsofarasthegovernmentheretravelingwiththebankersWhenIcelsbankscollapsedattheendof2008insixmonths.ThereisnobodyunaffectedinIcel.thecollapseofthewldslargestinsurancecompanyAIGFearsgrippedmar

9、ketsovernight.Stocksfelloffacliff.Thelargestsinglepointinhisty.SharepricescontinuedtotumbleoftheLehmancollapse.Theresultwasaglobalrecessiontensoftrillionsofdollarsrendered30millionpeopleunemployedoftheUnitedStates.Withth

10、edestructionofequityhousingwealththedestructionofincomeofjobs50millionpeoplegloballycouldendupbelowthepovertylineagain.Thisisjustahugelyhugelyexpensivecrisis.Thiscrisiswasnotanaccident.Itwascausedbyanoutofcontrolindustry

11、.Sincethe1980shasledtoaseriesfinancialcrises.Eachcrisishascausedmedamagemememoney.AftertheGreatDepressiontheUnitedStateshad40yearsofeconomicgrowthThefinancialindustrywastightlyregulated.Mostregularbankswerelocalbusinesse

12、sprohibitedfromspeculatingwithdepositssavings.lnvestmentbankswhichhledstockbondtradingInthetraditionalinvestmentbankingmodelthepartnersputthemoneyupverycarefully.Theywantedtolivewellbuttheydidntwanttobettheranchonanythin

13、g.PaulVolckerservedintheTreasuryDepartmentFederalReservefrom1979to1987.BefegoingintogovernmentatChaseManhattanBank.WhenIleftChasetogointheTreasuryin1969of$45000ayear.Ftyfivethousdollarsayear.MganStanleyin1972110totalpers

14、onneloneofficecapitalof12milliondollars.NowMganStanleyhas50000wkershascapitalofseveralbillioninthe1980sthefinancialindustryexploded.Theinvestmentbankswentpublicofstockholdermoney.PeopleonWallStreetstartedgettingrich.Ihad

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