If America's slump deepens, it might trigger a reassessment in Europe's property hotspots, particularly as tighter credit markets start to price out the more speculative investor.
The Mobile Law also required a doctor's examination for all lodge members and forbade all "speculative" enterprises such as the extension of credit to members.
流动法还要求对所有分会成员进行医生检查，并禁止所有“有投机行为”的机构，例如对会员延长贷款期限。
3
The excess credit which the Fed pumped into the economy spilled over into the stock market-triggering a fantastic speculative boom.