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1·Or are high prices simply a bubble, the result of speculative activity in the futures markets?

或者，高位物价只是泡沫，只是期货市场上投机活动的结果而已？

2·Instead, availability of land simply fed speculative activity, which has made the popping of the bubble much more painful.

土地更容易获得的唯一结果是助长了投机活动，从而大大增加了泡沫破裂的痛苦。

3·Analysts say the steep drop shows how much of this year's rise has been fuelled by bank loans channelled into speculative activity.

分析师表示，股市大幅下跌表明，今年股市的上涨在很大程度上是由流入投机活动的银行贷款拉动的。

4·When the price of an asset falls as a result of speculative activity, the speculators are blamed. That's like blaming a thermometer for a fall in temperature.

当投机行为导致资产价格下跌，人们会归咎于投机者，这其实好比把降温归咎于温度计。

5·This life which has returned to itself from the bias and finitude of cognition, and which by the activity of the notion has become identical with it, is the Speculative or Absolute Idea.

这种由于认识的有限性和区别作用而回归到自身，并通过概念的活动而与它自身同一的生命，就是思辨的理念或绝对理念。