Every so often, the human race comes down with building fever. Investors’ temperatures soar, lavish projections of future demand go viral and spending swells. Once the fever breaks, there comes a long and painful convalescence.
人类社会不时会染上“建设热”。投资者热度飙升,对未来需求的奢华预测像病毒般蔓延,支出随之激增。一旦热潮退去,迎来的往往是漫长而痛苦的恢复期。
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