时间:2019-01-18 作者:英语课 分类:财富精英励志演讲


英语课

 Overall, the international financial authorities have handled this crisis the same way as previous ones: They bailed 1 out the failing institutions and applied 2 monetary 3 and fiscal 4 stimulus 5. But this crisis was much bigger and, at first, the same techniques did not work. The rescue of Lehman Brothers failed. That was a game-changing event: financial markets actually ceased to function and had to be put on artificial life support. This meant that governments had to effectively guarantee that no other institution whose failure could endanger the system would be allowed to fail. That is when the crisis spread to the periphery 6 because periphery countries could not provide equally credible 7 guarantees. This time it was Eastern Europe that was the worst hit. The countries at the center used the balance sheets of their central banks to pump money into the system and to guarantee the liabilities of commercial banks, and governments engaged in deficit 8 financing to stimulate 9 the economy on an unprecedented 10 scale.


总的来讲,国际金融权威机构处理这一危机的方式与以往没什么两样:它们挽救濒临垮台的金融机构,实行货币及财政刺激政策。但这次危机规模却大得多,而且刚开始时同样的措施并未奏效,对雷曼兄弟的挽救没有成功。在这个事件中游戏规则改变了:金融市场实际上已停止运转,且不得不依赖人工生命保障系统。这就意味着各国政府必须切实保证不会让其他可能危及这个体系的机构垮台的现象再次发生。正是此时,危机蔓延到了外沿,因为边缘国无法提供同样可靠的保证。这一次,东欧所遭受的打击最惨重。中心国运用中央银行的资产负债表该体系注入资金,为商业银行进行债务担保,且政府为刺激经济和解决赤字问题所采取措施也达到了空前的规模。
These measures have been successful and the global economy appears to be stabilizing 11. There is a growing belief that the global financial system has once again escaped collapse 12 and we are slowly returning to business as usual. This, in my opinion, is a grave misinterpretation of the current situation. Humpty Dumpty cannot be put together again. Let me explain why.
这些措施成效明显,全球经济看来正趋于稳定。人们慢慢开始相信,全球金融体系再次逃脱了崩溃的厄运,我们正在慢慢回到正常的商业生活中。实际上,我认为这是对当时局势严重的错误判断,已经破碎的不可能再拼在一起。下面我来解释为什么。

保释,帮助脱离困境( bail的过去式和过去分词 )
  • Fortunately the pilot bailed out before the plane crashed. 飞机坠毁之前,驾驶员幸运地跳伞了。
  • Some water had been shipped and the cook bailed it out. 船里进了些水,厨师把水舀了出去。
adj.应用的;v.应用,适用
  • She plans to take a course in applied linguistics.她打算学习应用语言学课程。
  • This cream is best applied to the face at night.这种乳霜最好晚上擦脸用。
adj.货币的,钱的;通货的;金融的;财政的
  • The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
  • Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。
adj.财政的,会计的,国库的,国库岁入的
  • The increase of taxation is an important fiscal policy.增税是一项重要的财政政策。
  • The government has two basic strategies of fiscal policy available.政府有两个可行的财政政策基本战略。
n.刺激,刺激物,促进因素,引起兴奋的事物
  • Regard each failure as a stimulus to further efforts.把每次失利看成对进一步努力的激励。
  • Light is a stimulus to growth in plants.光是促进植物生长的一个因素。
n.(圆体的)外面;周围
  • Geographically, the UK is on the periphery of Europe.从地理位置上讲,英国处于欧洲边缘。
  • The periphery of the retina is very sensitive to motion.视网膜的外围对运动非常敏感。
adj.可信任的,可靠的
  • The news report is hardly credible.这则新闻报道令人难以置信。
  • Is there a credible alternative to the nuclear deterrent?是否有可以取代核威慑力量的可靠办法?
n.亏空,亏损;赤字,逆差
  • The directors have reported a deficit of 2.5 million dollars.董事们报告赤字为250万美元。
  • We have a great deficit this year.我们今年有很大亏损。
vt.刺激,使兴奋;激励,使…振奋
  • Your encouragement will stimulate me to further efforts.你的鼓励会激发我进一步努力。
  • Success will stimulate the people for fresh efforts.成功能鼓舞人们去作新的努力。
adj.无前例的,新奇的
  • The air crash caused an unprecedented number of deaths.这次空难的死亡人数是空前的。
  • A flood of this sort is really unprecedented.这样大的洪水真是十年九不遇。
n.稳定化处理[退火]v.(使)稳定, (使)稳固( stabilize的现在分词 )
  • The disulfide bridges might then be viewed primarily as stabilizing components. 二硫桥可以被看作是初级的稳定因素。 来自辞典例句
  • These stabilizing design changes are usually not desirable for steady-state operation. 这些增加稳定性的设计改变通常不太符合稳态工作的要求。 来自辞典例句
vi.累倒;昏倒;倒塌;塌陷
  • The country's economy is on the verge of collapse.国家的经济已到了崩溃的边缘。
  • The engineer made a complete diagnosis of the bridge's collapse.工程师对桥的倒塌做了一次彻底的调查分析。
标签: 财富 演讲
学英语单词
adaptive coloration
address, effective
Akarnanika, Ori
always a bridesmaid, never the bride
and as well
anticorona coating
apartment block
ASBATANKVOY
back-pocket
Barmy Army
bartizans
Berndt
bills receivable register
brain-drains
branchiostomous
breccia like structure
bridechilla
bundt cake
catalytic metal
character count program
chase ... up
Cleobury Mortimer
clericalize
comminuted fibres
consecutive sequency computer
consolidated statement of cost goods sold
Corneoconjunctivoplasty
creep-rupture
crisscross merge
cutting off turning machine
dead-end steel tower
diet pill
differings
Dischidia nummularia
DIW
electric vehicles
electrotonic junction
fish oil fatty acid
flexible metal sleeve gasket
frontal eminences
functionless
hash map
high resolution spectroscopy
hinged panel
hoodied
hyperbolic guidance
impedance-matching transformer
improved propeller
individual capacity
invariant approach
invites
iorgulescu
irreplacable
isoperms
left handed crystal
lexigraph
light bulb
little doubt
Macaranga indica
Malay
mictomagnetism
nonfrugivorous
nylan
objectives of accounting
occult anemia
phosphoribosyl pyrophosphate
Pilning
plunger type briquetting machine
popehead
port-levels
powdery scab
precis
preset flight path
previous cleaning
protective barrier
pseudofermions
ptomatopsia
quadrimodality
random rubble fill
riveted lap joint
sarcophaga ostindicae
scare campaign
scotch malt whiskies
send datagram
shabuoth
sodium bentonite
taiwan habu
tea firing
tension stiffening
this time next year
threo isomer
tower loading
tremens rigor
two-dimensional condensation
two-direction thrust bearing
urico-
video amplifier channel
Villafranca del Penedés
Villatobas
wallaba
wavelength-division-multiplexer
zabaleta