在很多事件中,权益的缓冲效果太弱了,所以政府介入来干预银行的权益。美国和欧洲政府都支持自己的财政部门。资产负债表也得到修理。看上去从日本学到的第二个教训也奏效了。
But the clean-up just moved the problem on. Governments borrowed to fund the bail-outs.So banks balance-sheets were strengthened at the expense of public ones. America ssupport for the banks cost 5% of GDP; Britain s cash injection into its ailing banks was 9% ofGDP. And household debt was still high.
但是这个清理却带来的问题。政府借款来救市。 所以银行的资产负债表因公共支出而得到加强。美国对银行的救助花费了大约5%的GDP;英国对形势不好的银行的资金注入也达到9%的GDP数额。家庭负债依然很高。
A third lesson from Japan was to seek a strong stimulus: in a growing economy, high debtneed not be a problem. Take a household s finances. A large mortgage is fine as long asbreadwinners incomes are sufficient to pay the interest and leave some to spare. Inflationhelps too, as debts are fixed at their historical values but wages should rise with inflation.
日本的第三个教训告诉我们的是要寻求一个有力的刺激行动:在高速发展的经济下,高负债不是个大问题。以家庭财政为例,只要家里的收入能付得起利息和留存一些利润,那么高的借贷也没什么不好的。通货膨胀看上去对高借贷也是有好处的,因为以历史价值估计的债务是固定的,然而工资是会随着通货膨胀增加的。
【2015考研英语阅读日本教训】相关文章:
★ 2014年12月英语六级阅读理解真题训练:Attention
最新
2016-10-18
2016-10-11
2016-10-11
2016-10-08
2016-09-30
2016-09-30