The pace and severity of financial crises have taken an ominous turn for the worse. Over the past 30 years a crisis has occurred, on average, every three years. Yet now, only 18 months after the meltdown of late 2008, Europe’s sovereign debt crisis has hit with full force. With one crisis seemingly begetting another, and the fuse between crises now getting shorter and shorter, the world economy is on a very treacherous course.
金融危機的發生速率與嚴重程度已經不祥地惡化了。過去三十年間,平均每三年會發生一次危機。而現在,2008年末的危機剛剛過去18個月,歐洲主權債務危機就猛烈來襲。鑒于一場危機看似會引發另一場危機,且兩場危機間的導火線正變得越來越短,世界經濟如今正處于非常危險的道路上。
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